A company recorded credit sales of $$723,000,$ of which $$520,000$ is not yet due, $$150,000$ is past due for up to $180$ days, and $$53,000$ is past due for more than $180$ days. Under the aging of receivables method, the company expects it will not collect $4\%$ of the amount not yet due, $11\%$ of the amount past due for up to $180$ days, and $28\%$ of the amount past due for more than $180$ days. The allowance account had a debit balance of $$3,100$ before adjustment. After adjusting for bad debt expense, what is the ending balance of the allowance account?

Multiple Choice

$$55,240$

$$20,800$

$$67,240$

$$52,140$