Margaret Company had net sales (all on account) in 2025 of $7960000. At December 31, 2025, before adjusting entries, the balances in selected accounts were: accounts receivable $960000 debit, and allowance for doubtful accounts $2400 debit. Margaret estimates that 2% of its accounts receivable will prove to be uncollectible. What will be reported for accounts receivable, net on the December 31, 2025 balance sheet? Select answer from the options below $938400 $943200 $21600 $940800