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Projected revenue for year 20X1 is as follows: $759,629 in January, $528,904 in February, $503,166 in March, and $927,417 in April. Historical net revenues categorized

Projected revenue for year 20X1 is as follows:

$759,629 in January, $528,904 in February, $503,166 in March, and $927,417 in April.

Historical net revenues categorized by payer:

Payer Revenue Percent
Medicare 7,395,495
Medicaid 12,846,289
Blue Cross 9,624,269
Private 5,063,133
Total ?

Collection patterns by payer:

Payer Within 1 Month Within 2 Months Within 3 Months Within 4 Months Total
Medicare 25% 29% 30% ? 100%
Medicaid 13% 24% 51% ? 100%
Blue Cross 12% 41% 34% ? 100%
Private 58% 26% 8% ? 100%

How much revenue do we expect to collect in February from January's billing? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign and commas in your response. For example, $12.3456 should be entered as 12.35.)

answer should be - 228,136.88

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