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

• Sales are budgeted at $340,000 for November, $320,000 for December, and $310,000 for January.
• Collections are expected to be 80% in the month of sale and 20% in the month following the sale.
• The cost of goods sold is 75% of sales.
• The company would like to maintain ending merchandise inventories equal to 60% 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 $24,000.
• Monthly depreciation is $15,000.
• Ignore taxes.

Balance Sheet
October 31
Assets
Cash	$ 20,000
Accounts receivable	70,000
Merchandise inventory	153,000
Property, plant and equipment, net of $572,000 accumulated depreciation	1,094,000
Total assets	$ 1,337,000
Liabilities and Stockholders' Equity
Accounts payable	$ 254,000
Common stock	820,000
Retained earnings	263,000
Total liabilities and stockholders' equity	$ 1,337,000

December cash disbursements for merchandise purchases would be:

		$235,500
		$139,500
		$246,000
		$240,000