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Projected revenue for year 20X1 is as follows: $781,341 in January, $531,857 in February, $458,594 in March, and $838,093 in April. Historical net revenues categorized

Projected revenue for year 20X1 is as follows:

$781,341 in January, $531,857 in February, $458,594 in March, and $838,093 in April.

Historical net revenues categorized by payer:

Payer Revenue Percent

Medicare

7,003,530

Medicaid

11,811,116

Blue Cross

10,911,432

Private

5,195,892
Total ?

Collection patterns by payer:

Payer Within 1 Month Within 2 Months Within 3 Months Within 4 Months Total
Medicare 19% 26% 33% ? 100%
Medicaid 12% 15% 45% ? 100%
Blue Cross 6% 43% 33% ? 100%
Private 58% 28% 6% ? 100%

How much revenue do we expect to collect in total in March? (Do not round intermediate calculations. 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.)

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