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Exercise 7-30 (Algo) Ratio analysis (L07-9) The current asset section of the Moorcroft Outboard Motor Company's balance sheet reported the following amounts: 12/31/2021 12/31/2020 Accounts

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Exercise 7-30 (Algo) Ratio analysis (L07-9) The current asset section of the Moorcroft Outboard Motor Company's balance sheet reported the following amounts: 12/31/2021 12/31/2020 Accounts receivable, net $590,000 $490,000 The average collection period for 2021 is 73 days. Required: Determine net sales for 2021. (Use 365 days in a year. Do not round intermediate calculations.) Net sales

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