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Please help with this Question #12 590 Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:

image text in transcribedPlease help with this Question #12
590 Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manufacturing costs $155,500 $195,100 $218.400 Insurance expense" 830 830 830 Depreciation expense 1,930 1,930 1,930 Property tax expense*** 590 590 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 $830 a month; however, the insurance is paid four times yearly in the first month of the quarter, (1.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 Oa. $146.335 Ob. 538.675 O $185.200 Od. 5:34,075

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