elody Inc. had a November ending cash balance of $12,000 . It had sales of $25,000 in November, $30,000 sales in December, and projects sales of $20,000 for January, $15,000 for February and $30,000 for March. The firm collects its receivables in the month after the sale. Given this information and ignoring disbursements

, Required: calculate Melodys cash balance at the end of March.