Galapagos Garcia, Inc., sells earnings forecasts for Island securities. Its credit terms are 3/10, net 60. Based on experience, 60 percent of all customers will take the discount.

If Galapagos Garcia sells 210 forecasts every month at a price of $12,000 each, what is its average balance sheet amount in accounts receivable? (Hint: calculate annual sales then divide by 365 to get daily sales.) Average Accounts Receivable: $ ____________.