Worton Distributing expects its September sales to be 20% higher than its August sales of $150,000 Purchases were $108,000 in August and are expected to be $12.000 in September All sales are on credit and are expected to be collected as follows: 30% in the month of the sale and 70% in the following month. Purchases are paid 25% in the month of purchase and in the following month Tech balance on September is $18,000. The ending cash balance on September 30 is estimated to be Multiple Choice 356.00 551125 $72.450