Information pertaining to Yekstop Corp's sales revenue is presented below Cash sales Credit sales Total sales ovember $ 106,000 298,000 $ 404,000 December $135,000 460,000 299,000 $595,000 January $ 88,000 244,00 332.000 Management estimates that 5% of credit sales are eventually uncollectible of the collectible credit sales 65% are key to be collected in the month of sale and the remainder in the month The company desires to begin each month with an inventory equal to 70% of the sales projected for the month All purchases of inventory are on open account 25% will be paid in the mod remainder paid in the month following the month of purchase Purchase costs are approximately 60% of the selling prices Budgeted December cash payments by Yeletop Corp for December inventory purchases are Multiple choice 0 S64635 0 0