3 points Dynamic - Answer changes with each attempt (consider an Excel solution) San Luis Mill and Lumber sells lumber and general building supplies to building contractors in a mediumsized town in California. Data regarding the store's operations follow: Sales are budgeted at $352,285 for November, $338,008 for December, and $319,567 for January. - Collections are expected to be 90% in the month of sale and 10% in the month following the sale. - The cost of goods sold is 70% of sales. - The company desires to have an ending merchandise inventory equal to 50% of the following 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 $25,805 - Monthly depreciation is $15,949. - Ignore taxes