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 $157,200 $193,900 $217,100 1,010 1,010 1,010 2,090 2,090 2,090 460 460 460 (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 $1,010 a month; however, the insurance is paid four times yearly in the first month of the quarter, (l.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 April are a. $157,200 b. $139,065 c. $117.900 Od. $120,930