The following information pertains to Monroe Company: Month January Sales Purchases $64,000 $36,000 February $81,000 $44,000 March $101,000 $66,000 Cash is collected from customers in the following manner: Month of sale 30% Month following the sale 70% 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 $31,000 per month (including $8,000 of depreciation). Both of these are OA. $101,000 O B. $87,000 C. $95,000 OD. $111,300