On December $31,2024,$ a company has a credit balance of $$1,500$ for the Allowance for Uncollectible Accounts before adjustment. The company also has the information below for its accounts receivable and the estimated percentages of bad debts for different past$-$due amounts.

What is the amount of bad debt expense to be reported in the financial statements for $2024$ using the aging method?

$\backslash$table$[[$Age Group,$\backslash$table$[[$Amount$],[$Receivable$]],\backslash$table$[[$Estimated Percent$],[$Uncollectible$]]],[$Not yet due,$$50,000,5\%$