Post companys year $1$ net sales were $10,000,000$ and its accounts receivable days on hand was $38$ days. The company projects its year $2$ net sales will be $11,000,000$ and its accounts receivable days on hand will be $34$ days. What would be the cash flow impact of the four$-$day shortening of accounts receivable days on hand?

Approximatey $120,000$

Approximately $140,000$

Approximately $160,000$