Westmore, Ltd. is a British subsidiary of a U.S. company. Westmore's functional currency is the pound sterling (< ).The following exchange rates were in effect during 2018:

Jan. 1 . . . . . . . . . . . . . . L 1 = $1.60

June 30 . . . . . . .. . . . . . L 1 = $1.64

Dec 31. . . . . . . . . . . . . L 1 = $1.61

Weighted average rate for the year . . . L 1 = $1.59

Westmore has accounts receivables of L 280,000. What amount (rounded) would have been included for this subsidiary in calculating consolidated account receivables. PLEASE SHOW CALCULATIONS