XYZ Corp is presently formulating its cash budget for the year ending on March $31,2014.$ From its sales budget for the same period, the following sales values have been extracted.

It's projected that $40\%$ of sales will be made for cash. Among the credit sales, $70\%$ are anticipated to be paid in the month following the sale, and the discount allowed is $2\%$ to ensure timely collection of credit sale. Another $27\%$ are expected to be settled in the second month after the sale, while the remaining $3\%$ are anticipated to result in bad debts. What is the value of the sales budget to be reflected in the cash budget for May $2013$