Hannah Corporation pays for 55% of its direct materials purchases in the month of purchase, and the remaining 45% the month after. July's budgeted direct material purchases are $72,000, and the company anticipates $84,000 of direct material purchases in August. Operating expenses for August are expected to be $33,000, which include $3,100 of depreciation on office equipment. These operating expenses are paid in the month they are incurred. How much cash will be paid out in August? O $111,600 O $78,600 O $108,500 O $107,300