The following information relates to Rem Corp's accounts receivable for 2015:

Accounts receivable, 1/1/15 $ 500,000

Credit sales for 2015 2,000,000

Sales returns for 2015 60,000

Accounts written off during 2015 37,000

Collections from customers during 2015 1,500,000

Estimated future sales returns at 12/31/15 35,000

Estimated uncollectible accounts at 12/31/15 73,000

Required:

What amount should Rem report for accounts receivable before sales returns and uncollectible accounts, at December 31, 2015?

NOTE: Be sure to show all your calculations. This has the possibility of partial credit. Incorrect answers without calculations will automatically result in zero points.