1. The cash balance on December 1 is $57,600.
2. Actual sales for October and November and expected sales for December are as follows:

October Cash SALES 5 65 , 600 } TA, BOO $3 , 200 SALES On account 5 4ED, OOD 5 602, OOD SETL , OODAshton Company Cash Budget For the Month of December Beginning cash balance* Add collections from customers Total cash available Less cash disbursements" Payments to suppliers for inventory* Selling and administrative expenses NOW Web SERVER Dividends paid Total cash disbursements* EXCESS ( deficiency of cash available over disbursements Financing ! Borrowings REpayments Interest Total financing Ending cash balance