Jazz Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow: Sales are budgeted at P260,000 for November, P230,000 for December, and P210,000 for January. Collections are expected to be 80% in the month of sale, 19% in the month following the sale, and 1% uncollectible. The cost of goods sold is 65% of sales. The company purchases 60% of its merchandise in the month prior to the month of sale and 40% in the month of sale. Payment for merchandise