Timpco, a retailer, makes both cash and credit sales $($I$.$e$.,$ sales on open account$).$ Information regarding budgeted

sales for the last quarter of the year is as follows:

Past experience shows that $5\%$ of credit sales are uncollectible. Of the credit sales that are collectible, $60\%$ are

collected in the month of sale; the remaining $40\%$ are collected in the month following the month of sale. Customers

are granted a $1\mathrm{.}5\%$ discount for payment within $10$ days of billing. Approximately $75\%$ of collectible credit sales take

advantage of the cash discount.

Inventory purchases each month are $100\%$ of the cost of the following month's projected sales. $($The gross profit

rate for Timpco is approximately $30\%.)$ All merchandise purchases are made on credit, with $20\%$ paid in the month

of purchase and the remainder paid in the following month. No cash discounts for early payment are available.

Required:

Calculate the budgeted total cash recelpts for November and December. $($Round your final answers to the

nearest whole dollar amount.$)$

Calculate budgeted cash disbursements for November and December $($budgeted total sales for January of the

coming year equals $$187,000).$