Check my work Walter Enterprises expects its September sales to be 25% higher than its August sales of $200,000. Purchases were $150.000 in August and are expected to be $170,000 in September. All sales are on credit and are collected as follows: 35% in the month of the sale and 65% in the following month. Merchandise purchases are paid as follows: 25% in the month of purchase and 75% in the following month. The beginning cash balance on September 1 is $7,900. The ending cash balance on September 30 would be: Multiple Choice $25,400. 0 $87,900. 0 $62,500 0 Check my work %25,400. $87,900. $62,500. $182,900. pre 1 of 15 Next >