Myers and Associates (from Problem 9) has hired a new accountant, who promises to increase the speed of payment by clients. The new collection times will be 60% at the end of the first month, 25% at the end of the second month, and 10% at the end of the third month. The uncollectible accounts will remain at 5%.What cash flow improvement wills this change generate for the first quarter if the new system takes effect in January? Assume payments from the fourth quarter will stay on the old payment schedule.