A. $320,000

B. $307,000

C. $208,000

D. $99,000

Brarin Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow: Sales are budgeted at $300,000 for November, $320,000 for December, and $310,000 for January. Collections are expected to be 65% in the month of sale, 33% in the month following the sale, and 2% uncollectible. The cost of goods sold is 70% of sales. The company would like to maintain ending merchandise inventories equal to 60% 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 $22, 700. Monthly depreciation is $20, 600. Ignore taxes. Expected cash collections in December are