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

$$ Sales are budgeted at $$420,000$ for November, $$400,000$ for December, and $$390,000$ 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 $70\%$ 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

$$ Other monthly expenses to be paid in cash are $$24,800.$

$$ Monthly depreciation is $$15,800$

$$ Ignore taxes.

Balance Sheet

October $31$

Assets

Cash

Accounts receivable

Merchandise inventory

Property, plant and equipment, net of $$572,800$ accumulated depreciation

Total assets

Liabilities and Stockholders' Equity

Accounts payable

Common stock

Retained earnings

Total liabilities and stockholders' equity

The difference between cash receipts and cash disbursements for December would be: