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

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Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May $157,400 $191,900 $214,600 1,200 1,200 1,200 2,050 2,050 2,050 600 600 600 Manufacturing costs* Insurance expense** Depreciation expense Property tax expense*** June *Of the manufacturing costs, three-fourths is paid for in the month they are incurred; one-fourth is paid in the following month. **Insurance expense is $1,200 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 Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May $157,400 $191,900 $214,600 1,200 1,200 1,200 2,050 2,050 2,050 600 600 600 Manufacturing costs* Insurance expense** Depreciation expense Property tax expense*** June *Of the manufacturing costs, three-fourths is paid for in the month they are incurred; one-fourth is paid in the following month. **Insurance expense is $1,200 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

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