The Adams Corporation, a merchandising firm, has budgeted its activity for November according to the following information: Sales at $586,000, all for cash. Merchandise inventory on October 31 was $287,000. The cash balance November 1 was $21,300. Selling and administrative expenses are budgeted at $62,000 for November and are paid for in cash. Budgeted depreciation for November is $32,800. The planned merchandise inventory on November 30 is $322,000. The cost of goods sold is 80% of the selling price. All purchases are paid for in cash. There is no interest expense or income tax expense. The budgeted cash disbursements for November are:

Noreen 4e Recheck 2017-22-03

$503,800

$530,800

$705,600

$565,800