Manufacturing overhead includes depreciation of $$12,000$ per month. There is no depreciation included in the selling and administrative expenses. All expenses are paid in the month they are incurred. Cash at the beginning of the period was $$20,000.$ The company wants to maintain a minimum cash balance of $$20,000.$ There were no loans outstanding on May $1.$ The line of credit with the bank allows for borrowings in $$1,000$ increments. If the loan is paid off by the end of the quarter, there is no interest.