show steps

The following information pertains to 2020. . . Accounts receivable beginning balance: $440,000 Collections on customers' accounts: $2,208,800 Purchases of inventory held for sale (at cost): $2,112,000 Ending inventory on December 31, 2020 (at cost): $513,335 Mark-up on inventory is 50% of cost Estimate the value of ending accounts receivable given the information above. Round amount to the nearest dollar