Martin Company expects its November sales to be 30% higher than its October sales of $200,000. Purchases were $100,000 in October and are expected to be $150,000 in November. All sales are on credit and are collected as follows: 40% in the month of the sale and 60% in the following month. Purchases are paid 25% in the month of purchase and 75% in the following month. The beginning cash balance on November 1 is $9,000. The ending cash balance on November 30 would be: Ans