At January 1, 2021, Bridgewater Inc. reported the following information on its statement of financial position:

Accounts receivable	$510,000
Allowance for doubtful accounts	42,000

During 2021, the company had the following summary transactions for receivables:

1. Sales on account, $1,800,000; cost of goods sold, $1,044,000; return rate, 6%
2. Selling price of goods returned, $82,000; cost of goods returned to inventory, $48,000
3. Collections of accounts receivable, $1,600,000
4. Write offs of accounts receivable deemed uncollectible, $51,000
5. Collection of accounts previously written off as uncollectible, $12,000
6. After considering all of the above transactions, total estimated uncollectible accounts, $31,000

What is the ending balance of Accounts Receivable?

Question 12 options:

	$565,000
	. $577,000
	$1,600,000
	$510,000