These questions are all related to the first. Thank you!

Washoe, Inc distributes performance mufflers. Data regarding the operations follow: Sales are budgeted at $290,000 for November, $310,000 for December, and $210,000 for January. . Collections are expected to be 65% in the month of sale and 35% in the month following the sale. The cost of goods sold is 80% of sales. The company desires to have an ending merchandise inventory at the end of each month equal to 70% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $21,100. Monthly depreciation is $21,000. Ignore taxes. Balance Sheet October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipment, net of $624,000 accumulated depreciation Total assets 25,000 77,000 162,400 1,026,000 1,290,400 $ Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 239,000 740,000 311,400 1,290,400 $ Expected cash collections in December are: $201,500 $303,000 $101,500 O $310,000 Same facts as above for Washoe. The cost of December merchandise purchases would be: O $232,000 O $192,000 $117,600 O $248,000 December cash disbursements for merchandise purchases would be: $243,200 O $117,600 O $192,000 $248,000 Same facts as above for Washoe. The difference between cash receipts and cash disbursements for December would be: $38,700 $46,600 $13,700 O $19,200 Same facts as above for Washoe. The cash balance at the end of December would be: O $25,000 O $38,300 O $69,100 $57,900 Same facts as above for Washoe. Accounts payable at the end of December would be: O$192,000 O $74,400 O $248,000 $117,600 Same facts as above for Washoe. Retained earnings at the end of December would be: O $311,400 O $347,200 $325,100 O $353,400