Deymoyisiwed in a rowth rawest Outregning the store option follow Sales we budgeted at $28.00 for November 200.000 for December, and $220.000 for uw Collections we expected to be the month of sale and to in the month following the The cost of goods cold of The company decreto en endro merchandise Inventory at the end of each moru o 70% of the next more cont of goods sold Payment for merchandise is made in the month following the purchase . Otherwences 10 bepold cash are $17.500 Monityydeprecationis $20.000 gorans Balance Sheet october 31 Assets Cash Accounts receivable merchandise inventory Property, plant and equipment, net of 5624,000 accumulated depreciation Total assets Liabilities and stockholders' Equity Accounts payable Comon stock Retained earnings Total Itabilities and stockholders equity $ 20,000 79, 130,200 95,00 $1,205,700 $244.000 7445,000 216,700 $ 1,205,700 tuined carrings at the end of December would be 1217200