On December 31, 2023, Berzatto Inc. (a calendar year end business) reports an ending balance in accounts receivable (before any adjustments) of $156,500. Berzatto Inc. uses the allowance method to account for uncollectible accounts. Assume Allowance for Doubtful Accounts has an unadjusted balance of ($3,200). Compute the amount of bad debt expense that Berzatto Inc. will record on December 31, 2023 assuming that they use the Analysis of Receivables method to estimate uncollectible accounts. Berzatto Inc. prepared the following aging-of-receivables schedule: Age of Account Accounts Receivable Balance, Dec. 31 Estimated Uncollectible Percentage Current $125,000 2% 1-30 days past due 22,400 10% 31-90 days past due 6,500 25% Over 90 days past due 2,600 50% Total $156,500