Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow: . . Sales are budgeted at $340,000 for November, $320,000 for December, and $310,000 for January Collections are expected to be 80% in the month of sale and 20% 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 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 $24,000. Monthly depreciation is $15,000. Ignore taxes . Balance Sheet October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipment, net of $572,000 accumulated depreciation Total assets $ 20,000 70,000 153,000 1,094,000 $1,337,000 Balance Sheet October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipment, net of $572,000 accumulated depreciation Total assets $ 20,000 70,000 153,000 1,094,000 $1,337,000 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $ 254,000 820,000 263,000 $1,337,000 The difference between cash receipts and cash disbursements for December would be