The following information is from Barkley's Auto Alarm Company financial records. Collections from customers are normally 60 percent in the month of sale, 30 percent in the month following the sale, and 9 percent in the second month following the sale. The balance is expected to be uncollectible. All purchases are on account Management takes full advantage of the 2 percent discount allowed on purchases paid for by the tenth of the following month. Purchases for December are budgeted at $73,000, and sales for December are forecasted at $79,000. Cash disbursements for expenses are expected to be $17,000 for the month of December. The company's cash balance on December 1 was $28,500. Month August September October November Sales $85,000 79,000 73,000 91,000 Purchases $55,000 61,000 49,000 67,000 Required: A. Prepare the expected cash collections during December B. Prepare the expected cash disbursements during December. C. Prepare the expected cash balance on December 31. Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare the expected cash collections during December. Month Expected Collections October November December Total Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare the expected cash disbursements during December. BARKLEY'S AUTO ALARM COMPANY Expected Cash Disbursements December November purchases to be paid in December Net Cash disbursements for expenses Total