EXPECTED CASH COLLECTIONS NOVEMBER Expected Month Sales Percent Collections September $150,000 9% $ 13,500 October 195,000 20% 39,000 November 165,000 70% 115,500 Total $168,000 2. WHITE MOUNTAIN FURNITURE SHOWROOM EXPECTED CASH DISBURSEMENTS NOVEMBER October purchases to be paid in November $135,000 Less: 2% cash discount 2,700 Net $132,300 Cash disbursements for expenses 36,000 Total $168,300 3. WHITE MOUNTAIN FURNITURE SHOWROOM EXPECTED CASH BALANCE NOVEMBER 30 Balance, November 1 $ 55,000 Add: Expected collections 168,000 Less: Expected disbursements 168,300 Expected balance $ 54,700