Knicks Incorporated reported sales of 5 million under accrual basis of accounting for the month of June. Other transactions which transpired during the month are as follows: - Advances received from...

Knicks Incorporated reported sales of 5 million under accrual basis of accounting for the month of June. Other transactions which transpired during the month are as follows: - Advances received from customers amounted to 130,000 - Advances made to suppliers amounted to 140,000 - Credit sales amounted to 3,000,000 during the month. - Accounts receivable has a balance of 1,200,000 at the beginning of the month and 1,350,000 at the end. How much sales shall be reported under cash basis?