new View Help P Search AaBbced AaBbceDd AaBbc AaBbcc AaB AaBbced AaBbcd Mobbed 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em. Emphasis Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: May Manufacturing costs (1) Insurance expense (2) Depreciation expense Property tax expense (3) And $156,800 1,000 2,000 $195,200 1,000 2,000 500 $217,600 1,000 2,000 500 500 (1) of the manufacturing costs, three fourths are paid for in the month they are incurred; one-fourth is paid in the following month. (2) Insurance expense is $1,000 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 April are a $120,600 b.$121,100 c.$123,100 d.$122,600 1b (Ctrl)