The Houdini Magic Shoppe has forecast its sales and purchases for the last 4 months of 2020.

Sales are as follows (September to December): 2000, 1200, 2200, 2700

Purchases are as follows (September to December): 1600, 1600, 2900, 1600

Sixty percent of sales are on credit, while the rest are cash sales. On the basis of past experience, 40% of the accounts receivable are collected the month after the sale and 60% are collected 2 months after the sale.

Purchases are paid the month following the purchase. The firm has a cash balance of $5,000 on hand as at October 1, and has a minimum required cash balance of $4,000.

Enter the following information: Credit Sales for November? =

Cash Inflow for December? =

Cash Outlfow for November? =

Net Cash Flow for December? =

Ending Cash Balance for November? =