The following information pertains to Moon Ltd in 2020: Month January February March Sales $ 62 000 84 000 101 000 Purchases $ 33 000 42 000 61 000 Cash is collected from customers in the following pattern: Month of sale 40% Month following the sale 60% 45% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Employee's wages are 30% of sales. Other operating costs are $38 000 per month (including $10 000 of depreciation). Both of these are paid in the month incurred. Required Calculate the budgeted total cash payment in March 2020. (8 marks)