North Carolina Pediatric Partners has forecast billed charges for the first six months of the year as

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North Carolina Pediatric Partners has forecast billed charges for the first six months of the year as shown in the following table.

Based on historical collection patterns, North Carolina Pediatric Partners expects to collect charges as follows: 5 percent within 30 days, 85 percent within 60 days, and 5 percent within 90 days. The remaining 5 percent is expected to be uncollectible. What should be budgeted for cash collections in each of the months January through June?image text in transcribed

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