help pls!

Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow:

• Sales are budgeted at $291,000 for November, $311,000 for December, and $211,000 for January.
• Collections are expected to be 70% in the month of sale and 30% in the month following the sale.
• The cost of goods sold is 75% of sales.
• The company desires to have an ending merchandise inventory at the end of each month equal to 80% of the next 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 $21,200.
• Monthly depreciation is $21,500.
• Ignore taxes.

Balance Sheet October 31
Assets
Cash	$	25,500
Accounts receivable		77,500
Merchandise inventory		174,600
Property, plant and equipment, net of $624,000 accumulated depreciation		1,027,000
Total assets	$	1,304,600
Liabilities and Stockholders' Equity
Accounts payable	$	240,000
Common stock		741,000
Retained earnings		323,600
Total liabilities and stockholders' equity	$	1,304,600

The difference between cash receipts and cash disbursements for December would be:

Multiple Choice

• $91,025

• $34,925

• $53,550

• $28,050