Secure Corporation is preparing its cash payments budget for next month. The following information pertains to the cash paymentis: (1) (Click the icon to view the data.) How much cash will be paid out next month? More info a. Secure Corporation pays for 45% of its direct materials purchases in the month of purchase and the remainder the following month. Last month's direct material purchases were $75,000, while the company anticipates $81,000 of direct material purchases next month. b. Direct labor for the upcoming month is budgeted to be $33,000 and will be paid at the end of the upcoming month. c. Manufacturing overhead is estimated to be 150% of direct labor cost each month and is paid in the month in which it is incurred. This monthly estimate includes $11,000 of depreciation on the plant and equipment. d. Monthly operating expenses for next month are expected to be $45,000, which includes $2.000 of depreciation on office equipment and $1,100 of bad debt expense. These monthly operating expenses are paid during the month in which they are incurred. e. Secure Corporation will be making an estimated tax payment of $7,600 next month