1. Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:

   	April	May	June
   Manufacturing costs*	$158,000	$194,000	$211,000
   Insurance expense**	990	990	990
   Depreciation expense	1,910	1,910	1,910
   Property tax expense***	430	430	430

   *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 $990 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 for Finch Company expected in the month of June are

   a.$255,250

   b.$158,250

   c.$206,750

   d.$48,500