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The following information pertains to Monroe Company Month January February March Sales $68,000 $81,000 $102,000 Purchases $40,000 546,000 $63,000 Cash is collected from customers in

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The following information pertains to Monroe Company Month January February March Sales $68,000 $81,000 $102,000 Purchases $40,000 546,000 $63,000 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 20% of sales Other operating costs are $30.000 per month (including 510,000 of depreciation Both of these are paid in the month incred DA 5104,050 OB, 54050 OC 540 400 OD 550,400 January February March $68,000 $81,000 S102.000 $40,000 $46,000 563,000 . 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 20% of sales Other operating costs are $30,000 per month (including S10,000 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 51,000 How much cash will be disbursed in total in March? O A $104,050 D. 594.050 OC. $40.400 OD. 560,400

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