The following information pertains to Monroe Company: Month Sales Purchases January $62,000 $36,000 February $88,000 $40,000 March $102,000 $60,000 . Cash is collected from customers in the following manner: Month of sale 35% 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 30% of sales. Other operating costs are $40,000 per month (including $8,000 of depreciation). Both of these are paid in the month incurred The cash balance on March 1 is $8,000. 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 $60,000 B. $48.000 C. $100,000 D. $96.000