The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information:

Line Item Description September October November

Sales $$142,000$ $$170,000$ $$231,000$

Manufacturing costs $60,00073,00083,000$

Selling and administrative expenses $50,00051,00088,000$

Capital expenditures $55,000$

The company expects to sell about $10\%$ of its merchandise for cash. Of sales on account, $70\%$ are expected to be collected in the month following the sale and the remainder the following month $($second month following sale$).$ Depreciation, insurance, and property tax expense represent $$6,000$ of the estimated monthly manufacturing costs. The annual insurance premium is paid in January, and the annual property taxes are paid in December. Of the remainder of the manufacturing costs, $80\%$ are expected to be paid in the month in which they are incurred and the balance in the following month.

Current assets as of September $1$ include cash of $$54,000,$ marketable securities of $$77,000,$ and accounts receivable of $$158,200($$$34,200$ from July sales and $$124,000$ from August sales$).$ Sales on account for July and August were $$114,000$ and $$124,000,$ respectively. Current liabilities as of September $1$ include $$6,000$ of accounts payable incurred in August for manufacturing costs. All selling and administrative expenses are paid in cash in the period they are incurred. An estimated income tax payment of $$20,000$ will be made in October. Bridgeport$$s regular quarterly dividend of $$6,000$ is expected to be declared in October and paid in November. Management desires to maintain a minimum cash balance of $$53,000.$

Required: