The following information is from White Mountain Furniture Company's financial records: Month Sales Purchases July August September October $180,000 $165,000 $150,000 $195,000 $105,000 $120,000 $90,000 $135,000 All sales are made on account. Collections from customers are normally 70 percent in the month of sale, 20 percent in the month following the sale, and 9 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 2 percent discount allowed on purchases paid by the tenth of the following month. Purchases for November are budgeted at $150,000, and sales for November are budgete at $165,000. Cash disbursements for expenses are expected to be $36,000 for the month of November. The company's cash balance on November 1 was $55,000. Calculate the excepted cash balance on November 30. O A. $79,000 O B. $54,700 C. $37,000 D. $15,000 O E. $34,000