During 2016, a company's credit sales were exist262,000, and its cash collections from credit customers were exist250,000. Also, exist3, 600 in uncollectible accounts receivable were written off (using the allowance method) during the year. On December 31, 2016, the company's Accounts Receivable balance was exist50,000. What must have been the balance of accounts receivable on January 1, 2016