Vaughn has budgeted its activity for December according to the following information: 1. Sales at $497000, all for cash. 2. Budgeted depreciation for December is $12900. 3. The cash balance at December 1 was $57000. 4. Selling and administrative expenses are budgeted at $34000 for December and are paid for in cash. 5. The planned merchandise inventory on December 31 and December 1 is $24400. 6. The invoice cost for merchandise purchases represents 50% of the sales price. All purchases are paid in cash How much are the budgeted cash disbursements for December O $295400 O $503450 O $282500 O $269600