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

	April	May	June
Manufacturing costs*	$157,000	$193,000	$217,000
Insurance expense**	930	930	930
Depreciation expense	1,870	1,870	1,870
Property tax expense***	520	520	520

*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 $930 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 for Finch Company expected in the month of June are

a.$162,750

b.$48,250

c.$211,000

d.$259,250