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

Brarin Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow Sales are budgeted at $300,000 for November, $310,000 for December, and $310,000 for January . Collections are expected to be 80% in the month of sale, 17% 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 pald in cash are $20,700. Monthly depreciation is $17,900 ignore taxes. Balance Sheet October 31 Assets Cash Accounts recelvable, net of allowance for uncollectible accounts Merchandise inventory Property, plant and equipment, net of $627,000 accumulated depreciation Total assets $51,000 99,000 107,250 1,285,000 $1,542,250 Liabilitles and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $291,250 870,000 381,000 $1,542,250 December cash disbursements for merchandise purchases would be