ABC Company reported accounts receivable of $225,000 and an allowance for doubtful accounts with a $28,000 credit balance on January 1, 2017. ABC Company records bad debt expense using the net credit sales method. The following information was available for ABC Company for the years 2017 and 2018:

	2017	2018
Cash collections from customers	?	275,870
Recoveries	3,600	6,760
Net realizable value at December 31	127,180	154,240
Accounts receivable turnover ratio	2.4	1.80
Sales revenue	468,000	?
% of sales estimated to be uncollectible	4%	?
Accounts receivable on December 31	?	205,000
Write-offs	?	?

Calculate the percentage of sales estimated to be uncollectible in 2018.

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