Finch Company began its operations on March 31 of the current year. Finch has the following projected costs April May $156 800 Manufacturing costs (1) Insurance expense (2) Depreciation expense Property tax expense (3) 1,000 2,000 $195,200 1,000 2,000 Soo $217,600 1.000 2.000 500 500 (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 $1,000 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 s paid once a year in November The cash payments expected for Finch Company in the month of May are a $149.900 b. 5189,100 c. $185.600 d. 5187,600