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

$-$Sales are budgeted at $$230,000$ for November, $$250,000$ for December, and $$240,000$ for January.

$-$Collections are expected to be $40\%$ in the month of sale, $57\%$ in the month following the sale, and $3\%$ uncollectible.

$-$The cost of goods sold is $65\%$ of sales.

$-$The company would like to maintain ending merchandise inventories equal to $55\%$ 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 $$22,000.$

$-$Monthly depreciation is $$19,900.$

$-$Ignore taxes.

Expected cash collections in December are:

Multiple Choice

$$231,100$

$$250,000$

$$100,000$

$$131,100$