8) Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:

(1) Of the manufacturing costs, three-fourths are paid for in the month they are incurred and one-fourth is paid for in the following month. (2) Insurance expense is $900 a month; however, the insurance is paid four times yearly, in the first month of the quarter (i.e., January, April, July, and October). (3) Property tax is paid once a year in November. The cash payments expected for Finch Company in the month of June are a. $49,250 b. $202,250 c. $153,000 d. $251,500