Answer the following questions using the information below: The following information pertains to Hepburn Company: Month January February March Sales $60,000 $80,000 $100,000 Cash is collected from customers in the following manner Month of sale 30% Month following the sale 70% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following Labor costs are 20% of sales, other operating costs are $30,000 per month (including $8,000 of deprec 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 th borrowed in multiples of $1,000 What is the ending cash balance for March? (S50,000) O $5,600 $6,000 O $6.600 Answer the following questions using the information below: The following information pertains to Hepburn Company: Month January February March Sales $60,000 $80,000 $100,000 Cash is collected from customers in the following manner Month of sale 30% Month following the sale 70% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following Labor costs are 20% of sales, other operating costs are $30,000 per month (including $8,000 of deprec 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 th borrowed in multiples of $1,000 What is the ending cash balance for March? (S50,000) O $5,600 $6,000 O $6.600