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Cash flow of accounts receivable. Myers and Associates, a famous law firm in California, bills its clients on the first of each month. Clients pay

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Cash flow of accounts receivable. Myers and Associates, a famous law firm in California, bills its clients on the first of each month. Clients pay in the following fashion: 40% pay at the end of the first month, 30% pay at the end of the second month, 20% pay at the end of the third month, 5% pay at the end of the fourth month, and 5% default on their bills. Myers wants to know the anticipated cash flow for the first quarter of 2015 if the past billings and anticipated billings follow this same pattern. The actual and anticipated billings are as follows: Click on the icon in order to coov its content into a spreadsheet What is the anticipated cash flow for February of 2015 if past billings and anticipated billings follow this same pattern? $357300 (Round to the nearest dollar.) What is the anticipated cash flow for March of 2015 if past billings and anticipated billings follow this same pattern? (Round to the nearest dollar)

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