A rectangular cow pasture is enclosed on three sides by a fence and the fourth side is part of the side of a barn that is $400$ feet long. The fence costs $\$5$ per foot, and $\$1,\!200$ altogether. To the nearest foot, find the length of the side parallel to the barn that will maximize the area of the pasture.
Let the sides perpendicular to the barn be of length $x$. Notice that there are a total of $1200/5=240$ feet of fencing. Therefore, the side parallel to the barn has length $240-2x$, so the area to be maximized is $240x-2x^2$. Completing the square results in $-2(x-60)^2+7200$, which is maximized when $x=60$. Therefore, the side parallel to the barn has length $240-2(60)=\boxed{120}$ feet.