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The following information pertains to Monroe Company Month January February March Sales $67,000 $84,000 $109,000 Purchases $36,000 $42.000 $63,000 Cash is collected from customers in

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The following information pertains to Monroe Company Month January February March Sales $67,000 $84,000 $109,000 Purchases $36,000 $42.000 $63,000 Cash is collected from customers in the following manner: Month of sale 30% Month following the sale 70% 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 $30,000 per month (including 58.000 of depreciation). Both of these are paid in the month incurred. O A $99,000 OB. $63,000 OC. $109,500 OD. $52,500 January February March $47.000 $14.000 $100,000 $36.000 $42.000 563.000 . C olected tommers in the wingman North Math the of purchased on the moon and balance s he e t Where the proper mancing o n Th a nh Am G 8.00 S hehe the Money can be heat of 300 How much chwil i March OA000

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