Bracken Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow:

	Sales are budgeted at $390,000 for November, $410,000 for December, and $410,000 for January.
	Collections are expected to be 75% in the month of sale, 24% in the month following the sale, and 1% uncollectible.
	The cost of goods sold is 80% of sales.
	The company would like to maintain ending merchandise inventories equal to 70% 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 $22,300.
	Monthly depreciation is $19,500.
	Ignore taxes.

Balance Sheet
October 31
Assets
Cash	$33,000
Accounts receivable, net of allowance for uncollectible accounts	81,000
Merchandise inventory	218,400
Property, plant and equipment, net of $609,000 accumulated depreciation	1,195,000
Total assets	$1,527,400
Liabilities and Stockholders' Equity
Accounts payable	$278,900
Common stock	890,000
Retained earnings	358,500
Total liabilities and stockholders' equity	$1,527,400

December cash disbursements for merchandise purchases would be:

$229,600

$328,000

$323,200

$300,800