Transcribed Image Text: Baylor Company began its operations on March 31 of the current year. Projected manufacturing costs
for the first three months of business are $156,800, $198,200, and $217,600, respectively, for April,
May, and June. Depreciation, insurance, and property taxes represent $28,800 of the estimated monthly
manufacturing costs. Insurance was paid on March 31, and property taxes will be paid in November.
Three-fourths of the remainder of the manufacturing costs are expected to be paid in the month in
which they are incurred, with the balance to be paid in the following month.
What are the cash payments for manufacturing in the month of June?
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