As of 12/31/17 (end of year) Idaho Co. reported a $200,000 credit balance in allowance for doubtful accounts and a $7,500,000 debit balance in accounts receivable before adjusting for the following:

- Sales in 2017 of $4,250,000 - all sales were on account and 5% of sales estimated to be uncollectible

- Wrote off accounts considered to be uncollectible totaling $195,000

- The company collected $4,000,000 cash from customers

What is the Net Accounts Receivable as of 1/1/2018?