Corporation's operational data are below: Sales are budgeted at $260,000 for November, $458,000 for December, and $210,000 for January. All sales are credit sales. -Collections are expected to be 80% in the month of sale. 19% in the month following the sale, and 1% uncollectible. -The cost of goods sold is 65% of sales The company desires to have an ending merchandise inventory at the end of each month equal to 60% of the next meatible cost of goods sold. Payment for merchandise is made in the month following the purchase. Q. December cash disbursements for s merchandise purchases would be: A. $