Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: Manufacturing costs (1) Insurance expense (2) Depreciation expense Property tax expense (3) April May June $156,300 $197,800 $205,300 990 990 990 1,800 580 1,800 1,800 580 580 (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 $990 a month; however, the insurance is paid four times yearly in the first month of the quarter, (.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 Oa. $148,350 Ob. $226,500 Oc. $187,425 Od. $39,075