The Gomez Company, a merchandising firm, has budgeted its activity for December according to the following information Sales at $680,000, all for cash. Merchandise Inventory on November 30 was $340,000. The cash balance at December 1 was $38,000. Selling and administrative expenses are budgeted at $46,000 for December and are paid for in cash. Budgeted depreciation for December is $33,000. The planned merchandise inventory on December 31 is $353,000. The cost of goods sold represents 62% of the selling price. All purchases are paid for in cash. The budgeted cash disbursements for December are:

$513,600

$480,600

$467,600 <-- I got this one

$434,600