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

	April	May	June
Manufacturing costs*	$156,800	$195,200	$217,600
Insurance expense**	1,000	1,000	1,000
Depreciation expense	2,000	2,000	2,000
Property tax expense***	500	500	500

*Of the manufacturing costs, three-fourths is paid for in the month they are incurred; one-fourth is paid in the following month. **Insurance expense is $1,000 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. $188,800

b. $214,000

c. $212,000

d. $215,500