False Value Hardware began $2021$ with a credit balance of $$31,200$ in the refund liability account. Sales and cash collections from customers during the year were $$660,000$ and $$620,000,$ respectively. False Value estimates that $7\%$ of all sales will be returned. During $2021,$ customers returned merchandise for credit of $$20,000$ to their accounts.

False Value Hardware's $2021$ income statement would report net sales of: