Prepare the schedule for expected cash collections during November, the schedule for expected cash disbursements during November and the schedule for expected cash balance on November 30.

The following information is from White Mountain Furniture Showroom's financial records. Month Sales Purchases July $76,000 $59,000 August 68,000 55,000 September 64,000 43,000 October 88,000 61,000 Collections from customers are normally 68 percent in the month of sale, 16 percent in the month following the sale, and 13 percent in the second month following the sale. The balance is expected to be uncollectible. All purchases are on account. Management takes full advantage of the 5 percent discount allowed on purchases paid for by the tenth of the following month. Purchases for November are budgeted at $61,000, and sales for November are forecasted at $67,000. Cash disbursements for expenses are expected to be $15,400 for the month of November. The company's cash balance on November 1 was $39,000