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

	Sales are budgeted at $300,000 for November, $310,000 for December, and $310,000 for January.
	Collections are expected to be 80% in the month of sale, 17% in the month following the sale, and 3% uncollectible.
	The cost of goods sold is 65% of sales.
	The company would like to maintain ending merchandise inventories equal to 55% 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 $20,700.
	Monthly depreciation is $17,900.
	Ignore taxes.

Balance Sheet
October 31
Assets
Cash	$51,000
Accounts receivable, net of allowance for uncollectible accounts	99,000
Merchandise inventory	107,250
Property, plant and equipment, net of $627,000 accumulated depreciation	1,285,000
Total assets	$1,542,250
Liabilities and Stockholders' Equity
Accounts payable	$291,250
Common stock	870,000
Retained earnings	381,000
Total liabilities and stockholders' equity	$1,542,250

December cash disbursements for merchandise purchases would be:

$191,425 $198,575 $201,500 $110,825