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Finch Company began its operations on March 31 of the current year. Finch has the...

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Accounting

Finch Company began its operations on March 31 of the current year. Finch has the following projected costs:

April May June
Manufacturing costs* $155,900 $198,700 $206,800
Insurance expense** 990 990 990
Depreciation expense 2,110 2,110 2,110
Property tax expense*** 600 600 600

*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 $990 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.$149,025

b.$38,975

c.$226,975

d.$188,000

I dont get it

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