Brain Corporation is a small wholesaler of gourmet food products Data regarding the store s operations follow: Sales are budgeted at $240,000 for November. $250,000 for December, and $250,000 for January. Collections are expected to be 80% in the month of sale, 18% in the month following the sale, and 2% uncollectible. The cost of goods sold is 75% of sales. The company would like to maintain ending merchandise inventories equal to 65% of the next month's cost of goods sold Payment of merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $20, 900. Monthly depreciation is $18, 100. Ignore taxes. December cash disbursements for merchandise purchases would be: $187, 500 $184, 875 $121, 875 $175, 125