Each month, Serenity Hospital bills the federal government (Medicare) for approximately $20 million for inpatient services. Medicare rejects 10% of these claims for failure to follow standard billing procedures, which are very complex. Serenity Hospital must correct and resubmit the rejected claims. This delays payment from Medicare by an average of 3 months. Assume an annual cost of capital of 5%. (a) What is the average cost of rejected claims for Serenity Hospital