Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: 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, 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 May are 256,000 255, 100 258, 100 263, 600