Farley Company Reported the Following Information for 2016 Operating Expenses Are: Salaries, $50,000; Depreciation, $20,000; Rent, $10,000; Utilities

Multiple Choice

Farley Company reported the following information for 2016: $\begin{array}{llcc}&\underline{\text { September }} &\underline{\text { October }}& \underline{\text { November }}&\underline{\text { December }}&\underline{\text { January }}\\\text { Budgeted purchases }&\$90,000&\$120,000&\$128,000&\$144,000&\$88,000\end{array}$
Operating expenses are: Salaries, $50,000; Depreciation, $20,000; Rent, $10,000; Utilities, $14,000.
-Operating expenses are paid during the month incurred.
-Accounts payable is used only for inventory acquisitions.
How much is the budgeted amount of cash to be paid for operating expenses in November?

A) $202,000
B) $74,000
C) $94,000
D) $222,000