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Current Attempt in Progress Swifty Corporation has budgeted its activity for December according to the following informations 1. Sales at $450000, all for cash. 2.

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Current Attempt in Progress Swifty Corporation has budgeted its activity for December according to the following informations 1. Sales at $450000, all for cash. 2. Budgeted depreciation for December is $6000 4. The cash balance at December 1 was $7000. 5. Selling and administrative expenses are budgeted at $51000 for December and are paid for in cash 6. The planned merchandise inventory on December 31 and December 1 is $12000 7. The invoice cost for merchandise purchases represents 75% of the sales price. All purchases are paid in cash. How much are the budgeted cash disbursements for December? $374000 $388500 $392000 O $257000 Attempts: 0 of

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