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January February March $66.000 $89,000 $109,000 $38,000 $42.000 $64,000 Cash is collected from customers in the following manner: Month of sale 40% Month following the
January February March $66.000 $89,000 $109,000 $38,000 $42.000 $64,000 Cash is collected from customers in the following manner: Month of sale 40% Month following the sale 60% 40% 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 $9,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $10,000. 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 $57.250 OB. 599.050 OC. $48.250 OD $108,050
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