Dimsdale Sports, a merchandising company, reports the following balance sheet at December $31.$

$\backslash$table$[[\backslash$table$[[$DIMSDALE SPORTS COMPANY$],[$Balance Sheet$],[$December $31]]],[$Assets$,],[$Accounts receivable,$],[,\backslash$table$[[520,000],[100,000]]],[$Equipment$,],[$Less: Accumulated depreciation,$546,000],[$$$1,186,500$