Selling and administrative (S&A) expenses are paid in the month they are incurred. The budgeted S&A expenses are $100,000 in January and $130,000 in February and include $30,000 of depreciation in each month. The net amount of selling and administrative expenses paid in cash each month will be: Select one: O none of these answers is correct January $70,000; February $100,000 January $100,000; February $130,000 January $130,000; February $160,000 O January February 15,000 12,000 Inventory purchases budget in units Each unit costs $5. ABC pays 20% in the month of purchase and 80% in the month following the purchase. Accounts payable at December 31 = $25,000 How much cash will be disbursed for inventory purchases in January ? Select one: O $85,000 O $12,000 $37,000 $25,000 January February 15,000 Inventory purchases budget in units 12,000 Each unit costs $5. ABC pays 20% in the month of purchase and 80% in the month following the purchase. December inventory purchases = $70,000 How much cash will be disbursed for inventory purchases in January ? Select one: $82,000 O $68,000 $82,000 $130,000 o January February 12,000 15,000 Inventory purchases budget Jin units Each unit costs $5. ABC Pays 20% in the month of purchase and 80% in the month following the purchase. Accounts payable at December 31 = $25,000 How much cash will be disbursed for inventory purchases in February ? Select one: $88,000 $48,000 a $27,000 $63,000