$150-$seat restaurant

$$8,000,000$ is needed to construct the restaurant; no additional investment is needed in working capital

The owners have $4,000,000$ in cash and borrow the rest from the bank at $6\%$

The projected average seat turnover is $3($use $320$ days open in a year$)$

The stockholders require a $10\%$ return on their investment annually

The restaurant pays income taxes at the rate of $30\%$

The restaurant$$s estimated undistributed expenses, not including income taxes, total $$2,000,000$

The forecasted cost of food sold is $28$ percent of sales

What are the food sales needed?