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Songshu Corporation had beginning balances of $140,000 in Accounts Receivable and a $5,000 credit balance in the Allowance for Doubtful Accounts. During the year, credit

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Songshu Corporation had beginning balances of $140,000 in Accounts Receivable and a $5,000 credit balance in the Allowance for Doubtful Accounts. During the year, credit sales were $800,000, collections were $810,000 and $4,000 of Accounts Receivables were written off. At year end the aging of Accounts Receivable indicates that 5% of the Accounts Receivable balance is estimated to be uncollectable. What is the Net Accounts Receivable balance reported on the year-end balance sheet assuming the use of the aging of A/R method

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