The following data is extracted from XYZ company for the last quarter of 2003 Oct. Nov. Dec Sales $1 M 800,000 $1 M (-) Exp. 800,000 800,000 700,000 The company policy is to sell 40% cash, and the rest is on credit to be collected after 2 months. The expenses are paid 70% cash, and the rest is after 1 month. Calculate the NCF during December