Use the information below for Finch Company to answer the question that follow. Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manufacturing costs (1) $156,700 $195,700 $209,600 Insurance expense (2) 1,170 1,170 1,170 Depreciation expense 1,860 1,860 1,860 Property tax expense (3) 430 430 430 (1) Of the manufacturing costs, three-fourths are paid for in the month they are incurred and one-fourth is paid for in the following month. (2) Insurance expense is $1,170 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

a.$146,775 b.$39,175 c.$225,125 d.$185,950