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Rapture Company had the following information for the current year relating to accounts receivable: Accounts receivable,...

Rapture Company had the following information for the current year relating to accounts receivable:

Accounts receivable, January 1

1,300,000

Credit sales

5,400,000

Collections from customer, excluding recovery

4,750,000

Accounts written off

125,000

Collection of accounts written off in prior year, customer credit was not reestablished

25,000

Estimated uncollectible receivables per aging at December 31

165,000

What is the balance of accounts receivable, before allowance for doubtful accounts, on December 31?

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