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

	April	May	June
Manufacturing costs (1)	$156,300	$195,800	$219,000
Insurance expense (2)	1,170	1,170	1,170
Depreciation expense	2,090	2,090	2,090
Property tax expense (3)	480	480	480

(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 $1,170 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 May are

a. $146,850

b. $185,925

c. $39,075

d. $225,000