Water Enterprises expects its September sales to be 20% higher than its August sales of S24 5,000. Purchases were $195,000 in August and are expected to be S2 5,000 In September All sales are on credit and are collected as follows: 35% In the month of the sale and 65% In the following month. Merchandise purchases are paid as follows: 25%)n the month of purchase and 75% In the following month. The beginning cash balance on September 1 is $8,800. The ending cash balance on September 30 would be: Multipie Choice $21,800 $87,800 $62150 $70,950. $217,200