Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manufacturing costs (1) Insurance expense (2) Depreciation expense Property tax expense (3) $155,600 $199,200 $215,200 1,10 1,89 50 1,10 1,89 50 1,10 1,89 50 (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 October) (3) Property tax is paid once a year in November. The cash payments expected for Finch Company in the month of April are $120,000 O$116,700 $137,800 $155,600