Apple two Enterprises expect to generate sales of 5,950,000 for fiscal 2014; sales were 3,450,000 in fiscal year 2013 assume the following figures for the fiscal year 2013: cash 70,000; accounts receivable $250,000; inventory $400,000; net fixed assets $520,000; accounts payable $235,000; and the accruals

$155,000. Use the percent of sales method to forecast cash for the fiscal year ending 2014?