Cash Collections from Receivables From sales in: December7 (60% X $1,650,000) $ 990,000 January (40% X $1,885,000) 754,000 Total $1,744,000 Cash Disbursements for Material Purchases For purchases in: December (50% x $820,000) $410,000 January (50% x $1,021,600a) 510,800 Total $920,800