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40 JDIFIIS- 2 6126323? :| Information pertaining to Yekstop Corp.'s sales revenue is presented below: November December January Cash sales $ 95,999 $ 125,999 t. 393,999 Credit sales 288,668 458,866 234,666 Total sales in 384,668 $ 536,866 $ 312,666 [ Management estimates that 4% of credit sales are eventually uncollectible. thhe collectible credit sales, 55% are likely to be collected in the month of sale and the remainder in the month following the month of sale. The company desires to begin each month with an inventory equal to 35% of the sales projected for the month. All purchases of inventory are on open account; 30% will be paid in the month of purchase, and the remainder paid in the month following the month of purchase. Purchase costs are approximately 66% of the selling prices. Total budgeted inventory purchases in November by Yekstop Corp. are