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 $155,000 $196,000 $200,000 1,100 1,100 1,100 2,130 2,130 2,130 440 440 440 (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 $1,100 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and Octobe (3) Property tax is paid once a year in November. The cash payments for Finch Company expected in the month of June are Oa. $49,000 Ob. $150,000 Oc. $199,000 Od. $248,000