A- $520,000

B- $385,000

C- $559,000

D- $135,000

Dillon Marshall Supplies has budgeted its activity for December according to the following information: - Sales at $520,000, all for cash. - Merchandise inventory on November 30 was $235,000. - The cash balance at December 1 was $25,000. - Selling and administrative expenses are budgeted at $81,000 for December and are paid in cash. - Budgeted depreciation for December is $39,000. - The planned merchandise inventory on December 31 is $265,000. - The cost of goods sold is 70% of the sales price. - All purchases are paid for in cash. - There is no interest expense or income tax expense. The budgeted cash receipts for December are