ABC Company began its operations on March 31, 2019. Projected manufacturing overhead costs for the first three months of business are $156,800, $197,200, and $217,600, respectively, for April, May, and June. Depreciation, insurance, and property taxes for the production facility total $28,800 per month and are included in those estimated monthly manufacturing overhead costs as follows: (1) depreciation included is $15,000 per month; (2) insurance expense of $6,000 is included in each month but was paid for the full year on March 31ststartup; and (3) $7,800 of estimated property tax expense is included in each month, but no property taxes will actually be paid until November. For the remainder of manufacturing overhead costs, 50% is expected to be paid in the month when the costs are incurred, with the balance to be paid in the following month.

The projected cash disbursements for manufacturing overhead in the month ofMayare:

Group of answer choices

$156,000

$154,200

$177,000

$148,200

None of the other answers are correct.