A firm estimates both uncollectible accounts and warranty repair costs using a percentage of sales. Assume that the combined percentage Bad Debt Expense and Warranty Expense totals \(\$ 20,000\). At the end of the period, the firm also performs aging analyses of both receivables and outstanding warranty obligations and finds that the implied total expense should be \(\$ 19,000\).

What will be the firm's combined bad debt and warranty expense for the year? Explain.