Bramble Corporation is a small wholesaler of gourmet food products. Dato regarding the store's operations follow: . Sales are budgeted at $460,000 for November, $440,000 for December, and $430,000 for January Collections are expected to be 45% in the month of sale and 55% 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 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 $25,200. Monthly depreciation is $16,200. Ignore taxes. Balance Sheet October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipment, net of $573,200 accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Comon stock Retained earnings Total liabilities and stockholders' equity $ 21,200 71,200 220,800 1,095,200 $ 1,408,400 $ 255,200 821,200 332,000 $ 1,408,400 The difference between cash receipts and cash disbursements for December would be