The following information pertains to Hepburn Company: Month January February March Sales $70,000 $81,000 $109,000 Purchases $36,000 $47,000 $60,000 Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% 40% 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 $33,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $10,000. 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 disbursed in total in March? $107,900 $55,700 $117,900 $65,700