A company recorded credit sales of $$745,000,$ of which $$590,000$ is not yet due, $$100,000$ is past due for up to $180$ days, and $$55,000$ is past due for more than $180$ days. Under the aging of receivables method, the company expects it will not collect $5\%$ of the amount not yet due, $14\%$ 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 $$2,500$ before adjustment. After adjusting for bad debt expense, what is the ending balance of the allowance account?

Multiple Choice

$$66,000$

$$29,500$

$$58,900$

$$61,400$