Weldon Industrial Gas Corporation supplies acetylene and other compressed gases to industrial customers. Data regarding the store's operations follow:

• Sales are budgeted at $360,000 for November, $380,000 for December, and $350,000 for January.
• Collections are expected to be 75% in the month of sale, 20% in the month following the sale, and 5% uncollectible. Beginning November accounts receivable is $74,000.
• The cost of goods sold is 65% of sales.
• The company purchases 60% of its compressed gases in the month prior to the month of sale and 40% in the month of sale. Payments for purchases are made in the month following the purchase.
• Other monthly expenses to be paid in cash are $21,900.
• The monthly depreciation is $20,000.
• Ignore income taxes.
• The company has a desired ending cash balance of at least $15,000. It has available line-of-credit for borrowing, if necessary, at 12% interest per annum.

A. What is the total of the expected cash collections for December?

B. What are merchandise purchases for December?

C. What are disbursements related to merchandise purchases in December?

D. Assume the December beginning cash balance was $15,000. What is the ending cash balance in December?

E. What is income before taxes for December?