Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: *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 $1,150 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 expected for Finch Company in the month of May are a. $182,550 b. $38,925 c. $221,475 d. $143,625