... 50Collections on November Sales40,000 50,000Average Gross Margin Percentage 70 70 70 70 70 70 70 70 70 70 70 70 70 Assumptions Sheet 1.2Dec Jan Feb Mar AprMay Jun July Aug SepOct Nov DecTotal ... 93,804 74 ,054 80,404Current Period Short-Term Borrowings 058,250 47, 478 74 ,248 52,450− 37, 351−92,149−88, 078 −14,848 0 0 00Total Short-Term Borrowings0 58,250 105 ,72 8 179 , 976 232,426195, 075 ... Balance Before Borrowings−38,250− 27, 478 −54,248−32,450 57, 351 112,149 108, 078 82,252106,054 113,804 94,054 100,404Cash Needs Comparison−58,250− 47, 478 74 ,248−52,450 37, 351 92,149 88, 078 62,25286,054...