The following information pertains to Monroe Company Month Sales Purchases January $63,000 $36.000 February $87,000 March $103,000 $59,000 $47.000 Cash is collected from customers in the following manner Month of sale 40% Month following the sale 60% 50% 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 50.000 of depreciation). Both of these are paid in the month incurred. O A $96,600 O B. $103,000 OC. $128.200 OD. $93,400 ad m Click to select your answer 2 out! lam r ble STUDY MacBook Pro January February March $64,000 $80,000 $110,000 $33,000 $50,000 $57,000 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 25% of sales. Other operating costs are $30,000 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? O A $57,000 O B. $108,650 O c. $53,150 OD. $90,000 Click to select your answer. MacBook Pro