Help Save & Ext TB MC Qu. 8-128 Dilly Farm Supply is located in a small Dily Farm Supply is located in a smalil town in the rural west Data regarding the store's operations follow. Sales are budgeted at $293,000 for November, $313,000 for December, and $213,000 for January .Colectors are expected to be 65% in the month of sale and 35%inthe month following the sale. The cost of goods sold ts 80% of sales. . The company desres to have an ending merchandise nventory atthe end of each morm equal to 70% of tre next months cost ofgods sold Payment for merchandise is made in the month following the purchase Other monthiy expenses to be pard in cash are $21,400. Monthly deprectation is $22.500 Ignore taxes 26,500 8,500 Accouate recei Table Berchandiae inventory Property. plant and equipsent, set ot $624.000 soeumalated depreeiation Total aete 164.00 1,007,000 ,276.080