Franck Eggelhoffer expects the sales for his clothing company to be $$680,000$ next year. Franck

notes that net assets $($Assets $-$ Liabilities$)$ will remain unchanged. His clothing firm will enjoy a $10$

percent return on total sales. He will start the year with $$280,000$ in the bank.

What will Franck's ending cash balance be$?$

Ending cash balanceFranck Eggelhoffer expects the sales for his clothing company to be $$680,000$ next year. Franck notes that net assets $($Assets $$ Liabilities$)$ will remain unchanged. His clothing firm will enjoy a $10$ percent return on total sales. He will start the year with $$280,000$ in the bank.

What will Franck$$s ending cash balance be$?$