Question: Can someone explain how you get 253868.29 as the answer? Im completely lost. Projected revenue for year 20X1 is as follows: $814,818 in January, $665,498

 Can someone explain how you get 253868.29 as the answer? Im

Can someone explain how you get 253868.29 as the answer? Im completely lost.

Projected revenue for year 20X1 is as follows: $814,818 in January, $665,498 in February, $499,533 in March, and $925,698 in April. Historical net revenues categorized by payer: Payer Revenue Percent Medicare 8,059,559 Medicaid 12,452,841 Blue Cross 9,212,926 Private 4,950,467 Total ? Collection patterns by payer: Payer Within 1 Month Within 2 Months 30% Total Within 3 Months 31% Within 4 Months 25% ? 100% Medicare Medicaid 7% 24% 49% ? 100% Blue Cross 8% 43% 35% ? 100% Private 52% 29% 5% ? 100% How much revenue do we expect to collect in February from January's billing? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign and commas in your response. For example, $12.3456 should be entered as 12.35.) You Answered 92 Correct Answer 253,868.29

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