Mountain High makes and sells specialty mountain bikes. On June 30, the company had 264 bikes in finished-goods inventory. The company's policy is to maintain a bike inventory of 6 percent of the next month's sales. The company expects the following sales activity for the third quarter of the year:

July	4,400 bikes
August	4,300 bikes
September	4,200 bikes

Required:

What is the projected production for August? bikes