Carver Lumber sels lumber and general building supplies to building contractors in a medium-sizced town in Montarat. Date regarding the stores operations follow: - Sales are budgeted at $368,000 for Nowember, $338,000 for December, and $318,000 for January - Collections are expected to be 90% in the month of sole and 10% in the month following the sale. - The cost of goods sold is 75% of sales. - The company desires to have an ending merchandise inventery equal to 60 so of the following monthis cost of goods scid. Payment for merchandise is made in the month following the purchase. - Other monthly expenses to be paid in cash are $26,500. - Monthly depreciation is $19.600. - ignore taxes