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

	April	May	June
Manufacturing costs (1)	$155,900	$191,200	$201,400
Insurance expense (2)	1,080	1,080	1,080
Depreciation expense	1,960	1,960	1,960
Property tax expense (3)	430	430	430

(1) Of the manufacturing costs, three-fourths are paid for in the month they are incurred; one-fourth is paid in the following month. (2) Insurance expense is $1,080 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 April are

a.$120,165

b.$138,033

c.$116,925

d.$155,900