Dilly Farm Supply is located in a small town in the rural west Data regarding the store's operations follow . Sales are budgeted at $290,000 for November, $310,000 for December, and $210,000 for Januany Collections are expected to be 65% in the month of sale and 35% in the month following the sale The cost of goods sold is 80% of sales The company desires to have an ending merchandise inventory at the end of each month equal to 70% of the next month's cost of goods sold. t for . Other monthly expenses to be paid in cash are $21,100 Monthly depreciation is $21,000. . Ignore taxes. October 31 25,000 77,000 162,400 1,826,000 740,000 311,400 Common stock