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Lombardi Company reported a balance in their Accounts Receivable account of $42,500 on 1/1, Year 2. During Year 2, Lombardi collected $255,000 from its customers

Lombardi Company reported a balance in their Accounts Receivable account of $42,500 on 1/1, Year 2. During Year 2, Lombardi collected $255,000 from its customers to whom they sold on account. On 12/31, Year 2, Lombardi reported a balance in Accounts Receivable of $81,000. How much were Lombardi's credit sales for Year 2?

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