What amount should stuart report for accounts receivable

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The following information relates to Stuart Co.'s accounts receivable for 2020:

Accounts receivable balance, 1/1/2020        $1,000,000

Credit sales for 2020                                  3,500,000

Accounts receivable written off during 2020      125,000

Collections from customers during 2020               3,200,000

Allowance for uncollectible accounts balance, 12/31/2020  250,000

Problem 1: What amount should Stuart report for accounts receivable, before allowances, at December 31, 2020?

Reference no: EM132790985

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