is presented below:

	November				December				January
Cash sales	$	98,000			$	127,000			$	80,000
Credit sales		290,000				452,000				236,000
Total sales	$	388,000			$	579,000			$	316,000

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 70% of the sales projected for the month. All purchases of inventory are on open account; 30% 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 January cash payments for December inventory purchases by Yekstop Corp. are: