Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow: - Sales are budgeted at $380,000 for November, $360,000 for December, and $350,000 for January. - Collections are expected to be 60% in the month of sale and 40% 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 purchas - Other monthly expenses to be paid in cash are $24,400. - Monthly depreciation is $15,400. - Ignore taxes. December cash disbursements for merchandise purchases would be: Multiple Choice $170,625 $275,250 $270.000