The following information perlains to Monroe Company: Sales Month Purchases $62,000 $38,000 January February $0,000 $42,000 March 109,000 $62,000 Cash is collected from customers in the following manner: Month of sale 40% Month following the sale 60% 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 30% of sales. Other operating costs are S3 1,000 per month (including $9,000 of depreciation Both of these are a din he onth nurred Labor costs are 30% of sales. Other operating costs are $31,000 per month (including $9,000 of depreciation). Both of these are paid in the month incurred The cash balance on March 1 is $9,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000 How much cash will be collected from customers in March? O A. $97,600 OB. $109,000 O C. $101,400 O D. $133,600