Bill Corporation's operational data are below:

- Sales are budgeted at $260,000 for November, $288,000 for December, and $210,000 for January. All sales are credit sales.

- Collections are expected to be 80% in the month of sale, 19% in the month following the sale, and 1% uncollectible.

- The cost of goods sold is 65% of sales.

- The Bill company desires to have an ending merchandise inventory at the end of each month equal to 60% of the next

month's cost of goods sold. Payment for merchandise is made in the month following the purchase.

Q: December cash disbursements for Bill merchandise purchases would be: