Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manufacturing costs* $157,700 $198,300 $201,000 Insurance expense** 870 870 870 Depreciation expense 1,870 1,870 1,870 Property tax expense*** 520 520 520 *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 $870 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.$39,425 b.$148,725 c.$188,150 d.$227,575