Finch Company Began Its Operations on March 31 of the Current

Multiple Choice

Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: *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 $1,000 a month; however, the insurance is paid four times yearly in the first month of the
quarter (i.e., January, April, July, and October) .***Property tax is paid once a year in November.​
-The cash payments expected for Finch Company in the month of April are

A) $122,600
B) $120,600
C) $123,100
D) $121,100