(Cash balance) Thompson Hardware has prepared a forecast for May 1997. Some of the projected information follows:

Income after tax $250,000 Accrued Income Tax Expense 72,000 Increase in Accounts Receivable for month 41,000 Decrease in Accounts Payable for month 18,300 Depreciation Expense 71,200 Estimated Bad Debts Expense 13,100 Dividends declared ' 20,000 Using the above information, what is the company’s projected increase in cash for May 1997?LO1