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

Sales are budgeted at $340,000 for November, $320,000 for December, and $330,000 for January.

Collections are expected to be 71% in the month of sale, 28% in the month following the sale, and 1% uncollectible.

The cost of goods sold is 60% 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 $28,500.

Monthly depreciation is $19,500.

Ignore taxes.

Statement of Financial Position October 31
Assets
Cash	$23,000
Accounts receivable (net of allowance for uncollectible accounts)	82,000
Merchandise inventory	122,400
Property, plant and equipment (net of $548,000 accumulated depreciation)	968,000
Total assets	$1,195,400

Liabilities and Stockholder' Equity
Accounts payable	$136,000
Common stock	870,000
Retained earnings	189,400
Total liabilities and stockholder' equity	$1,195,400

December cash disbursements for merchandise purchases would be:

$342,300$192,000$196,800$118,800