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

Sales are budgeted at $$260,000$ for November, $$240,000$ for December, and $$230,000$ for January.

Collections are expected to be $55\%$ in the month of sale and $45\%$ in the month following the sale.

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 $$23,200.$

Monthly depreciation is $$14,200.$

Ignore taxes.

The cost of December merchandise purchases would be:

Multiple Cholce

$$128,800$

$$192,000$

$$186,400$

$$208,000$