Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manufacturing costs* $155,600 $197,300 $202,100 Insurance expense 940 940 940 Depreciation expense 1,820 1,820 1,820 Property tax expense* 550 550 550 * 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 $940 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 Oa. $119,520 Ob. $116,700 Oc. $155,600 Od. $137,560