Noonan and Associates has found from past experience that $25$ percent of its services are for cash. The remaining $75$ percent are on credit. An aging schedule for accounts receivable reveals the following pattern:

a$.10$ percent of fees on credit are paid in the month that service is rendered.

b$.60$ percent of fees on credit are paid in the month following service.

c$.26$ percent of fees on credit are paid in the second month following service.

d$.4$ percent of fees on credit are never collected.

Fees $($on credit$)$ that have not been paid until the second month following performance of the service are considered overdue and are subject to a $3$ percent late charge.

Noonan and Associates has developed the following forecast of fees:

$\backslash$table$[[$May$,$$$180,000$