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

	Sales are budgeted at $280,000 for November, $290,000 for December, and $290,000 for January.
	Collections are expected to be 80% in the month of sale, 19% in the month following the sale, and 1% uncollectible.
	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 $21,300.
	Monthly depreciation is $18,500.
	Ignore taxes.

Balance Sheet
October 31
Assets
Cash	$45,000
Accounts receivable, net of allowance for uncollectible accounts	93,000
Merchandise inventory	136,500
Property, plant and equipment, net of $621,000 accumulated depreciation	1,255,000
Total assets	$1,529,500
Liabilities and Stockholders' Equity
Accounts payable	$346,000
Common stock	810,000
Retained earnings	373,500
Total liabilities and stockholders' equity	$1,529,500

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

$89,425

$49,025

$27,963

$8,500

Please show how to work. Thank you