Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow:
• Sales are budgeted at $340,000 for November, $320,000 for December, and $310,000 for January.
• Collections are expected to be 80% in the month of sale and 20% in the month following the sale.
• The cost of goods sold is 75% of sales.
• The company would like to maintain ending merchandise inventories equal to 60% 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 $24,000.
• Monthly depreciation is $15,000.
Ignore taxes.
Balance Sheet
October 31
Assets
Cash $20,000
Accounts receivable 70,000
Merchandise inventory 153,000
Property, plant and equipment, net of-
$572,000 accumulated depreciation 1,094,000
Total assets $1,337,000
Liabilities and Stockholders' Equity
Accounts payable $254,000
Common stock 820,000
Retained earnings 263,000
Total liabilities and stockholders' equity $1,337,000

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