1. The following information pertains to Hepburn Company:

Month	Sales	Purchases
January	$60,000	$35,000
February	$84,000	$42,000
March	$107,000	$66,000

Cash is collected from customers in the following manner:

Month of sale 35%

Month following the sale 65%

50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month.

Labor costs are 25% of sales. Other operating costs are $32,000 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?