Patsy Corp., has estimated its activity for December 20X6. Selected data from these estimated amounts are as follows:

Variable selling, general and administrative expenses (S,G\&A) includes a charge for uncollectible accounts of \(1 \%\) of sales.
Total S, G\&A is \(\$ 35,500\) per month plus \(15 \%\) of sales.
Depreciation expense of \(\$ 20,000\) per month is included in fixed S,G\&A.
On the basis of the above data, determine:

(a) the estimated cash receipts from operations for December,

(b) the estimated cash disbursements from operations for December.

Sales........ Gross profit (based on sales)... Increase in trade accounts receivable during month. Change in accounts payable during month......... Increase in inventory during month............. $350,000 .30% $ 10,000 0 .$ 5,000