dividends of $$20,000$ in January and April. Taxes of $$79,000$ are due in April. The firm also intends to make a $$25,000$ cash purchase of fixed assets in December.

a$.$ Assuming that the firm has a cash balance of $$23,000$ at the beginning of November, determine the end$-$of$-$month cash balances for each month, November through April.

b$.$ Assuming that the firm wishes to maintain a $$15,000$ minimum cash balance, determine the required total financing or excess cash balance for each month, November through April.

c$.$ If the firm were requesting a line of credit to cover needed financing for the period November to April, how large would this line have to be$?$ Explain your answer.

a$.$ Assuming that the firm has a cash balance of $$23,000$ at the beginning of November, determine the end$-$of$-$month cash balances for each month, November through April.

Complete the November cash budget for Xenocore, Inc. below: $($Round to the nearest dollar.$)$

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