The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 40% Month following the sale 60% - 45% 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 $39,000 per month (including $8,000 of depreciation). Both of these are A. $70,800 B. $62,800 C. $112,450 D. $120,450