8 https://was.api.wiley.com/was-assessment-player/timed/assessments/9e4225f95fd9fc06a MGM565 Question 3 View Policies Current Attempt in Progress Sunland has budgeted its activity for December according to the following information: 1. Sales at $491000, all for cash. 2. Budgeted depreciation for December is $13000 3. The cash balance at December 1 was $57300. 4. Selling and administrative expenses are budgeted at $35700 for December and are paid for in cash. 5. The planned merchandise inventory on December 31 and December 1 is $24800, 6. The invoice cost for merchandise purchases represents 65% of the sales price. All purchases are paid in cash. How much are the budgeted cash disbursements for December? O $367850 $354850 O $341850 O $499450 Save for Later Type here to search