Patsy Corp., has estimated its activity for December 20X6. Selected data from these estimated amounts are as follows:

Variable selling, general and administrative expenses (S,G\&A) includes a charge for uncollectible accounts of \(1 \%\) of sales.
Total S, G\&A is \(\$ 35,500\) per month plus \(15 \%\) of sales.
Depreciation expense of \(\$ 20,000\) per month is included in fixed S,G\&A.
On the basis of the above data, determine:

(a) the estimated cash receipts from operations for December,

(b) the estimated cash disbursements from operations for December.

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Sales........ Gross profit (based on sales)... Increase in trade accounts receivable during month. Change in accounts payable during month......... Increase in inventory during month............. $350,000 .30% $ 10,000 0 .$ 5,000