Dilbert Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow:

Sales are budgeted at $260,000 for November, $230,000 for December, and $210,000 for January. 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. Other monthly expenses to be paid in cash are $20,300. Monthly depreciation is $20,000. Ignore taxes.

18. Expected cash collections in December are:

19. The cost of December merchandise purchases would be:

20. December cash disbursements for for merchandise purchases would be:

21. The difference between cash receipts and cash disbursements for December would be:

22. The net income for December would be:

23. The cash balance at the end of the December would be:

24. The accounts receivable balance, net of uncollectible accounts would be, at the end of December would be:

25. Accounts payable at the end of December would be: