Information pertaining to Yekstop Corp's sales revenue is presented below r Januar Cash sales Credit sales Total sales $110, 000 $139,000 92,000 302,000 464,000 248, 000 412,000 $603, 000 340,000 Management estimates that 5% of credit sales are eventually uncollectible. Of the collectible credit sales, 65% are likely to be collected in the month of sale and the remainder in the month following the month of sale. The company desires to begin each month with an inventory equal to 75% of the sales projected for the month. All purchases of inventory are on open account 20% will be paid in the month of purchase, and the remainder paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling prices. Budgeted cash payments in December for November inventory purchases by Yekstop Corp are: Multiple Choice $197,760 $66,630. $53,270. $82,400. $266,520