Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: Of the manufacturing costs, three-fourths are paid for in the month they are incurred; one-fourth is paid in the following Insurance expense is $1,000 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October). Property fax is paid once a year in November. The cash payments expected for Finch Company in the month of April are $122, 600 $121, 100 $123, 100 $120, 600