Myers and Associates, a famous law firm in California, bills its clients on the first of each month. Clients pay in the following fashion: 40% pay at the end of the first month, 30% pay at the end of the second month, 20% pay at the end of the third month, 5% pay at the end of the fourth month, and 5% default on their bills. Myers wants to know the anticipated cash flow for the first quarter of 2015 if the past billings and anticipated billings follow this same pattern. The actual and anticipated billings are as follows:

Fourth Quarter Actual Billings

Oct. $317,000 Nov. $256,000 Dec. $223,00

First Quarter Anticipated Billings

Jan.

$ 267,000 Feb.

$ 288,000 Mar. $340,000

What is the anticipated cash flow for January of 2015 if past billings and anticipated billings follow this same pattern?

(Round to the nearest dollar.)