Time left 1:56: Use the following Information for the next 4 questions: The following information pertains to Hepburn Company: Month January February March Sales $60,000 $80,000 $100,000 Suppliers Purchases $32,000 $40,000 $56,000 Cash is collected from customers in the following manner: Month of sale 30% - Month following the sale 70% 40% of suppllers 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 for the month, Other operating costs are $22,000 per month. 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 increments of $1,000, How much cash will be collected from customers in March? Select one: O a $92,000 Ob 590,000 OC 5100,000 Od $86,000 26 How much cash will be paid to suppliers in March? out of Select one: O a $56,000 O b. $46,400 Oc. $88,000 O d. $49,600 On 27 How much cash will be disbursed in total in March? ed Select one: O a $88,400 out of O b. $68,400 OC. $96,400 on Od 591,600 on 28 What is the ending cash balance for March after borrowing, if required? ered Select one: @a. $8,000 ed out of b. $6,400 99 lon C. $6,000 d. $6,600 avious page