Please show/ explain each step, so I understand how to do this.

Gillstrap Promotions has projected the following values for the next three months:

	January	February	March
Sales	$352,000	$379,000	$447,940
Purchases on Trade Credit	$218,000	$240,000	$260,000
Cash Expenses	$88,000	$91,000	$94,000
Taxes, interest, and dividends	$18,000	$20,000	$41,000
Capital Expenditures	$50,000	0	$25,000

All sales are credit sales with 40% collected in the month of sale, 50% collected the following month, and the remainder collected in the second month after the sale. Credit purchases are paid in 30 days and all other items require immediate payment. Compute the net cash inflow for March.