Quest The following information pertains to Monroe Company Month January Sales Purchases $66,000 $34,000 $82,000 $40,000 $107,000 $61,000 February March . Cash is collected from customers in the following manner Month of sale 35% Month following the sale 65% 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 20% of sales Other operating costs are S30 000 per month including S9,000 of depreciation O A. $6,000 B. S7,000 OC. S5400 O D. $8,150 Both of these are paid in the Quest The following information pertains to Monroe Company Month January Sales Purchases $66,000 $34,000 $82,000 $40,000 $107,000 $61,000 February March . Cash is collected from customers in the following manner Month of sale 35% Month following the sale 65% 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 20% of sales Other operating costs are S30 000 per month including S9,000 of depreciation O A. $6,000 B. S7,000 OC. S5400 O D. $8,150 Both of these are paid in the