During its first year of operations, O'Hara Automotive Supply Co. had net sales of

$4,050,000, wrote off $112,350 of accounts as uncollectible using the direct write-off

method, and reported net income of $212,800. If the allowance method of accounting

for uncollectibles had been used, 2J/2% of net sales would have been estimated as

uncollectible. Determine what the net income would have been if the allowance

method had been used.