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7 The current asset section of the Moorcroft Outboard Motor Company's balance sheet reported the following amounts: Accounts receivable, net 12/31/2821 $420,000 12/31/2020 $320,000 The

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7 The current asset section of the Moorcroft Outboard Motor Company's balance sheet reported the following amounts: Accounts receivable, net 12/31/2821 $420,000 12/31/2020 $320,000 The average collection period for 2021 ls 50 days. Required: Determine net sales for 2021. (Use 365 days in a year. Do not round Intermediate calculations.) Net sales

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