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On January 1, 2025, ABC Company had accounts receivable of $86,000 and an allowance for doubtful accounts with a credit balance of $33,000. During

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On January 1, 2025, ABC Company had accounts receivable of $86,000 and an allowance for doubtful accounts with a credit balance of $33,000. During 2025, ABC collected $437,000 cash from its credit customers and wrote-off as uncollectible $29,000 of accounts receivable. ABC uses the net credit sales method to estimate bad debt expense and estimated its bad debt expense for 2025 as 7% of net credit sales. Assume all of ABC Company's sales are made on account. At December 31, 2025, the net realizable value of ABC Company's accounts receivable totaled $125,640. Calculate the amount of sales revenue reported by ABC Company in 2025.

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