At December 31, 2016, Flint Corporation Imports reported this information on its balance sheet.

Accounts receivable		$560,400
Less: Allowance for doubtful accounts		37,640

During 2017, the company had the following transactions related to receivables.

1.		Sales on account		$2,968,300
2.		Sales returns and allowances		92,202
3.		Collections of accounts receivable		2,518,800
4.		Write-offs of accounts receivable deemed uncollectible		43,310
5.		Recovery of bad debts previously written off as uncollectible		15,840