The following information pertains to Monroe Company:

Month	Sales	Purchases
January	$60,000	$37,000
February	$83,000	$40,000
March	$101,000	$61,000

	Cash is collected from customers in the following manner:
	The month of sale 35%
	The month following the sale 65%
	40% 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 $36,000 per month (including $9,000 of depreciation). Both of these are paid in the month incurred.
	The cash balance on March 1 is $9,000. 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 paid to suppliers in March?

A. $101,400

B. $48,400

C. $61,000

D. $98,000