Jelly Bean Company expects to begin operating on January 1. The company's master budget contained the following operating expense budget: January February March Salary expense $18,000 $19,000 $20,000 Sales commissions, 5% of sales 15,900 14,000 13,500 Rent 3,600 3,600 3,600 Utilities 1,400 1,400 1,400 Depreciation on store equipment 1000 1000 1000 Miscellaneous 900 900 900 Total operating expenses $40,800 $39 900 $40,400 Sales commissions are paid in cash in the month following the month in which the expense is recognized. All other expense items requiring cash payment are paid in the month in which they are recognized. The amount of cash to be paid for operating expenses during the month of January is O $24,900 $40,800 $39,800 O $23,900