Hi Kristyn B.,
To find the horizontal distance we can use x = vot. We know the initial velocity but we need to know the time t, which is the same amount of time it takes the bottle to hit the ground.
To get t, we'll use the equation for the falling (y direction) bottle which is y = yo + vot + 1/2 at2, and solve for t. If we choose the positive y direction to be up then y = 0, yo = 327 m, vo = 0, and a = -g (in the -y down direction).
0 = 327 m - 4.9 m/s2 * t2
4.9 m/s2 * t2 = 327 m
t = ±[ 327 m/4.9 m/s2 ]1/2
t = ± 8.16 s or +8.2 s (choose positive seconds)
We now have the time for the fall which is the same time the horizontal velocity has to travel.
x = 14 m/s * 8.2 s = 114 m (the horizontal distance)