Peachtree's Siding and Window Co. is a custom home improvement company. All sales are made on account: 30 percent of a month's sales are collected in the month of sale, 60 percent are collected in the month following the sale, and 8 percent are collected in the second month following the sale. Cash on hand on October 1 is estimated to be $32,000.

Merchandise purchases and operating expenses are paid as follows:

In the month during which the merchandise is purchased or the cost is incurred	80%
In the subsequent month	20%

Peachtree's Siding and Window Co.'s budgeted income statement for each of the next three months is as follows:

	August	September	October
Sales	$140,000	$169,000	$181,000
Cost of goods sold:
Beginning inventory	$16,400	$28,900	$25,600
Purchases	135,300	141,500	$149,700
Goods available	$151,700	$170,400	$175,300
Less: End. inventory	(28,900)	(25,600)	(21,200)
Cost of goods sold	$122,800	$144,800	$154,100
Gross profit	$17,200	$24,200	$26,900
Operating expenses	(11,400)	(15,100)	(14,300)
Operating income	$5,800	$9,100	$12,600

Prepare a cash budget for the month of October.