Newark Company has provided the following information: Cash sales, $460,000 Credit sales, $1,360,000 Selling and administrative expenses, $340,000 Sales returns and allowances, $91,000 Gross profit, $1,370,000 Increase in accounts receivable, $56,000 Bad debt expense, $34,000 Sales discounts, $44,000 Net income, $1,030,000 How much is Newark's cost of sales?