Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow - Sales are budgeted at $306,000 for November, $32,6,000 for December, and $226,000 for January - Collections are expected to be 70% in the month of sale and 30% in the month following the sale - The cost of goods sold is 75 in of sales. - The company desires to have an ending merchandise inventory at the end of each month equal to 80% of the next monthis cost of goods sold. Payment for merchandise is made in the month following the purchase. - Other monthly expenses to be paid in cash are $22.700 - Monthly depreciation is $29,000. - Ignore taxes. The difference between cash receipts and cash disbursements for December would be: Multiple Choice $21,300 $73,025 $55,800 $30,425