A business has two types of clients, small and large. 70% of clients are small clients.
Sales forecast for the first half of the next year is as follows:
Month	Estimated amount
January	$4,500,000
February	5,000,000
March	5,500,000
April	5,700,000
May	5,800,000
June	5,500,000
Historical patterns of billing receipts are presented as follows:
	Small	Large
During month of service	20%	10%
During month following service	50%	40%
During second month following service	20%	40%
Uncollectable	10%	10%
What is the expected amount of cash received in May?