Corporation's operational data are below: Sales are budgeted at $260,000 for November, $363,000 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 month's 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) $