18.

The following information pertains to Monroe Company: Purchases Month January February March Sales $69,000 $82,000 $104,000 $38,000 $45,000 $60,000 Cash is collected from customers in the following manner: Month of sale 30% Month following the sale 70% 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 25% of sales. Other operating costs are $30,000 per month (including $8,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $8,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. How much cash will be disbursed in total in March? O A. $48,000 B. $56,000 C. $108,500 D. $100,500