Tandi Ltd has a current cash balance of 16,800, receivables of 36,000 and payables of 96,000. Tandi will sell goods costing 120,000 for 168,000 this month. 50% of all sales are collected in the month of sale and the balance in the following month. Purchases are all made on one month's credit with payment the month after Tandi sells them. Inventories will remain constant. Overheads paid in the month will be 144,000.

Which of the following is the overdraft at the end of the month?

A. 60,000

B. 62,400

C. 79,200

D. 103,200