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

	Sales are budgeted at $260,000 for November, $280,000 for December, and $270,000 for January.
	Collections are expected to be 55% in the month of sale, 44% 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 $22,300.
	Monthly depreciation is $20,200.
	Ignore taxes.

December cash disbursements for merchandise purchases would be:

$218,400

$151,200

$224,000

$219,200