Complete solution please

The following transition matrix describes the accounts receivable process for a certain Department Store 1 b 1 0 0 0.7 0.18 0.12 b 0 o 1 The states p and b represent an account that is paid and a bad account, respectively. The number 1 P represents the fact that an account is two months overdue. After an account has been overdue for two months, it becomes a bad account and is transferred to the store's overdue accounts section for collection The company has sales of $210,000 each month. Determine how much the company will be paid and how many of the debts will become bad debts