Better You's patients are:

50% commercial Insurance

35% Medicare

5% Medicaid

10% self payment/ out of pocket.

Self pay patients pay at the time of service (in 0 days). Commercial Insurance pays in 30 days. Medicare pays in 60 days and Medicaid pays in 100 days.

Better You's Sales annual sales are $3,000,000 and occur pretty evenly throughout the year. Assume a 360 day year.

Better You's annual carrying cost of Accounts Receivable is 8%.

What is Better You's annnual Accounts Receivable carrying cost expense?