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

	Sales are budgeted at $250,000 for November, $260,000 for December, and $260,000 for January.
	Collections are expected to be 75% in the month of sale, 24% in the month following the sale, and 1% uncollectible.
	The cost of goods sold is 80% of sales.
	The company would like to maintain ending merchandise inventories equal to 70% 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 $21,000.
	Monthly depreciation is $18,200.
	Ignore taxes.

Balance Sheet
October 31
Assets
Cash	$48,000
Accounts receivable, net of allowance for uncollectible accounts	96,000
Merchandise inventory	140,000
Property, plant and equipment, net of $624,000 accumulated depreciation	1,270,000
Total assets	$1,554,000
Liabilities and Stockholders' Equity
Accounts payable	$336,750
Common stock	840,000
Retained earnings	377,250
Total liabilities and stockholders' equity	$1,554,000

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

$71,400

$28,400

$9,000

$17,800