14.

Brarin Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow:

	Sales are budgeted at $350,000 for November, $370,000 for December, and $360,000 for January.
	Collections are expected to be 45% in the month of sale, 53% in the month following the sale, and 2% uncollectible.
	The cost of goods sold is 75% of sales.
	The company would like to maintain ending merchandise inventories equal to 80% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase.
	Other monthly expenses to be paid in cash are $23,200.
	Monthly depreciation is $21,100.
	Ignore taxes.

December cash disbursements for merchandise purchases would be:

$274,500

$216,000

$277,500

$271,500