Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: Line Item Description April May June Manufacturing costs* $159,700 $197,300 $203,900 Insurance expense** 990 990 990 Depreciation expense 1,910 1,910 1,910 Property tax expense*** 500 500 500 *Of the manufacturing costs, three-fourths is paid for in the month they are incurred; onefourth is paid in the following month. **Insurance expense is $990 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 a.$147,975 b.$39,925 c.$227,825 d.$187,900