The following information for the second quarter of 2020 pertains to Washburn Company:

Month	Sales	Purchases
April	$90,000	$48,000
May	$120,000	$60,000
June	$150,000	$84,000

Cash is collected from customers in the following manner:

Month of sale	30%
Month following the sale	70%

40% 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 $45,000 per month (including $12,000 of depreciation). Both of these are paid in the month incurred.

The cash balance on June 1 is $6,000. A minimum cash balance of $4,500 is required at the end of the month. Money can be borrowed in multiples of $3,000.

No loans outstanding on June 1.

a)How much cash will be collected from customers in June?

$150,000

None of the above is correct.

$129,000

$141,000

b)How much cash will be paid to suppliers in June?

None of the above is correct.

$56,000

$88,000

$69,600

c)How much cash will be disbursed for labor and operating costs in June?

$70,000

$88,400

$96,400

$63,000

d)What is the ending cash balance for June?

$5,400

($50,000)

$6,000

$11,400