Johnson Inc. had sales of $42,500,000 in 2015. Their average receivables period, which is also known as average collection period (ACP), for the year was 35.4 days. Assuming a 365 day year, what was their average investment in accounts receivable for 2015? (Hint: If this question was from chapter 3, you would be solving for the ending accounts receivable balance, using the exact same method). Round your answer to the closest dollar.

Average investment in accounts receivable = $