The following selected account balances were taken from XYZ Company's general ledgers during 2021: January 1, 2021 December 31, 2021 Accounts receivable 44,000 ? Inventory 53,000 88,000 For 2021, XYZ Company had an average collection period of 50 days, an inventory turnover ratio of 4.75, and a gross profit of $79,400. Calculate the accounts receivable balance at December 31, 2021.