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projected revenue for year 20X1 is as follows: $828,988 in January, $524,213 in February, $489,798 in March, and $974,271 in April. Historical net revenues categorized

projected revenue for year 20X1 is as follows:

$828,988 in January, $524,213 in February, $489,798 in March, and $974,271 in April.

Historical net revenues categorized by payer:

Payer Revenue Percent
Medicare 8,691,990
Medicaid 11,754,276
Blue Cross 9,801,536
Private 5,187,483
Total ?

Collection patterns by payer:

Payer Within 1 Month Within 2 Months Within 3 Months Within 4 Months Total
Medicare 23% 27% 34% ? 100%
Medicaid 11% 24% 50% ? 100%
Blue Cross 12% 39% 35% ? 100%
Private 59% 27% 5% ? 100%

How much revenue do we expect to collect in April from February's billing?(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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