Weller Industrial Gas Corporation supplies acetylene and other compressed gases to industry. Data regarding the store's operations follow:

Sales are budgeted at $$310,000$ for November, $$330,000$ for December, and $$320,000$ for January.

Collections are expected to be $80\%$ in the month of sale and $20\%$ in the month following the sale.

The cost of goods sold is $70\%$ of sales.

The company desires an ending merchandise inventory equal to $75\%$ of the cost of goods sold in the following month.

Payment for merchandise is made in the month following the purchase.

Other monthly expenses to be paid in cash are $$21,900.$

Monthly depreciation is $$21,700.$

Ignore taxes.

$\backslash$table$[[\backslash$table$[[$Balance Sheet$],[$October $31]]],[$Assets$,],[$Cash$,$$$22,700$