Speedy Runner makes running shoes and they have gathered the following data for the month of October:

	Data
Cash on 10/1	$15,300
Expected Cash Collections	$435,000
Direct Materials Cash Disbursements	$80,000
Direct Labor Cash Disbursements	$32,000
MOH Cash Disbursements	$25,000
Operating Expenses Cash Disbursements	$110,000
Capital Expenditures Cash Disbursements	$200,000

Speedy Runner requires an ending cash balance of at least $12,000 and can borrow from a line of credit in $1,000 increments. What is the ending cash balance for October?

Question options:

	$9,000
	$12,300
	$3,300
	$12,000