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The current asset section of the Moorcroft Outboard Motor Company's balance sheet reported the following amounts: Accounts receivable, net 12/31/2021 $ 490,000 12/31/2020 $390,000 The
The current asset section of the Moorcroft Outboard Motor Company's balance sheet reported the following amounts: Accounts receivable, net 12/31/2021 $ 490,000 12/31/2020 $390,000 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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