Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow. Sales are budgeted at $450,000 for November, $430,000 for December, and $420,000 for January Collections are expected to be 40% in the month of sale and 60% 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 65% 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 $25,100. Monthly depreciation is $16,100. Ignore taxes. Balance Sheet October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipment, net of $573,100 accumulated depreciation $ 21,100 71,100 219,375 1,095, 100 Total assets $1,406,675 $ 255, 100 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 821,100 330,475 $1,406,675 The difference between cash receipts and cash disbursements for December would be