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 month. 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 tax is paid once a year in November. The cash payments expected for Finch Company in the month of May are $189, 100 $49, 900 $87, 600 $185, 600