16.The following information pertains to R:

Gross accounts receivable balance as of 01-01-15 was $850,000

Allowance for doubtful accounts balance as of 01-01-15 was $51,000

Total sales during 2015 (all sales were on a credit basis) were $5,200,000

AR write-offs during 2015 were $10,000

R's 12-31-15 AR aging analysis indicates a required balan1ce in the allowance for doubtful accounts of $60,000.

The NRV of R's receivables as of 12-31-15 was $940,000.

On the basis of the above, how much cash did R collect from its ARs during 2015?