BusyBody Company expects its November sales to be 20 % higher than its October sales of $ 160 comma 000. Purchases were $ 90 comma 000 in October and are expected to be $ 110 comma 000 in November. All sales are on credit and are collected as follows: 25 % in the month of the sale and 70 % in the following month. Purchases are paid 30 % in the month of purchase and 70 % in the following month. The cash balance on November 1 is $ 13 comma 400. The cash balance on November 30 will be
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