lorne Ltd. developed the following data for the month of October.

Cash balance, October 1st$92,250Cash

sales in October450,000

Credit sales for the month of:

August300,000

September225,000

October375,000

Purchases for the month of:

September337,500

October300,000

Other expenses in October:

Salaries243,750

Utilities24,750

Depreciation75,000

70% of credit sales are collected in the month of sale, 15% in the following month, and 10% in the second month following the sale.

25% of purchases are paid in the month of purchase and the remaining 75% in the following month.

100% of other expenses are paid in the month recorded.

Payments for other expenses during the month are $___________ .

The ending cash balance for the month is $__________________.