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

Sales are budgeted at $430,000 for November, $410,000 for December, and $400,000 for January.

Collections are expected to be 60% in the month of sale and 40% in the month following the sale.

The cost of goods sold is 85% of sales.

The company would like maintain ending merchandise inventories equal to 75% 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 $24,900. M

onthly depreciation is $15,900.

Ignore taxes.

Balance Sheet October 31

Assets

Cash$20,900

Accounts receivable 70,900

Merchandise inventory 274,125

Property, plant and equipment, net of $572,900 accumulated depreciation 1,094,900

Total assets$1,460,825

Liabilities and Stockholders' Equity

Accounts payable$254,900

Common stock 820,900

Retained earnings 385,025

Total liabilities and stockholders' equity$1,460,825

The difference between cash receipts and cash disbursements for December would be: