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Farley Company reported the following information for 2008: October November December $120,000 $128,000 $144,000 udgeted purchases Operating expenses are: Salaries, $50,000; Depreciation, $20,000; Rent, $10,000;

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Farley Company reported the following information for 2008: October November December $120,000 $128,000 $144,000 udgeted purchases Operating expenses are: Salaries, $50,000; Depreciation, $20,000; Rent, $10,000; Utilities, $14,000 . Operating expenses are paid during the month incurred. . Accounts payable is used only for inventory acquisitions. How much is the budgeted amount of cash to be paid for operating expenses in November? Select one: a. $202,000 b. $74,000 0c. $94,000 d. $222,000

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