3 points Dynamic - Answer changes with each attempt (consider an Excel solution) San Luis Mill and Lumber sells lumber and general building supplies to building contractors in a medium-sized town in California. Data regarding the store's operations follow: Sales are budgeted at $350,836 for November, $350,477 for December, and $303,227 for January. - Collections are expected to be 90% in the month of sale and 10% in the month following the sale. - The cost of goods sold is 70% of sales. - The company desires to have an ending merchandise inventory equal to 50% of the following month's cost of goods sold. Payment for merchandise is made in the month following the purchase. - Other monthly expenses to be paid in cash are $25,212 - Monthly depreciation is $17,065. - Iqnore taxes