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, 1200,2400, 2700 Purchases are as follows (September to December): 1700, 1700, 2700, 1900 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 Outifow for November? =( Net Cash Flow for December? Ending Cash Balance for November? 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, 1200,2400, 2700 Purchases are as follows (September to December): 1700, 1700, 2700, 1900 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 Outifow for November? =( Net Cash Flow for December? Ending Cash Balance for November