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$7.$ During September, the capital expenditure budget indicates a $$140,000$ purchase of equipment for cash. The ending September cash balance from operations is budgeted to be $$20,000.$ The company wants to maintain a minimum cash balance of $$10,000.$ What is the minimum cash loan that must be planned to be borrowed from the bank during September?

a$)$ $$110,000$

b$)$ $$120,000$

c$)$ $$130,000$

d$)$ $$150,000$

$8.$ A company's past experience indicates that $70\%$ of its credit sales are collected in the month of sale and $28\%$ in the next month. The remainder is never collected. The company's budgeted credit sales totalled:

$\backslash$table$[[$January$,$$$100,000$