Brarin Corporation is a small wholesaler of gourmet food products. Data regarding the store?s operations follow: ? Sales are budgeted at $460,000 for November, $480,000 for December, and $480,000 for January. ? Collections are expected to be 85% in the month of sale, 14% in the month following the sale, and 1% un collectible. ? The cost of goods sold is 80% 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 s made in the month following the purchase. ? Other monthly expenses to be paid in cash are $23,000. Monthly depreciation is $20,200. ? Ignore taxes. The difference between cash receipts and cash disbursements in December would be: Brarin Corporation is a small wholesaler of gourmet food products. Data regarding the store?s operations follow: ? Sales are budgeted at $460,000 for November, $480,000 for December, and $480,000 for January. ? Collections are expected to be 85% in the month of sale, 14% in the month following the sale, and 1% un collectible. ? The cost of goods sold is 80% 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 s made in the month following the purchase. ? Other monthly expenses to be paid in cash are $23,000. Monthly depreciation is $20,200. ? Ignore taxes. The difference between cash receipts and cash disbursements in December would be