Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow: - Sales are budgeted at $240,000 for November, $220,000 for December, and $210,000 for January. - Collections are expected to be 65% in the month of sale and 35% in the month following the sale. - The cost of goods sold is 70% of sales. - The company would like to maintain ending merchandise inventorles 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 $23,000. - Monthly depreciation is $14,000. - Ignore taxes