Forecast the working capital based on the below information:

Stock of finished goods $-,$$$5000$

Stock of raw materials $-,$$$12,000$

Total Sales $-,$$$350,000$ of which $$50,000$ is cash sales; Customers take

$1$ month to pay their debts.

Total rent paid for the year $-$ $$16,000$ of which $3$ months is prepaid.

Expenses $-$ Average time taken to pay:

Salaries $-,$$$250,000-,$ Time taken is $2$ weeks.

Rent $-,$$$150,000-$ Time taken $1\mathrm{.}5$ months.

There is a $15\%$ contingency to be considered.