Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manufacturing costs* $156,000 $191,500 $204,000 Insurance expense** 890 890 890 Depreciation expense 2,020 2,020 2,020 Property tax expense*** 480 480 480 * 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 $890 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 April are

a.$119,670 b.$137,835 c.$156,000 d.$117,000