Alderwood Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $450,000 Credit sales, $1,350,000 Selling and administrative expenses, $330,000 Sales returns and allowances, $90,000 Gross profit, $1,470,000 Accounts receivable, $330,000 Sales discounts, $42,000 Allowance for doubtful accounts credit balance, $3,600 Alderwood prepares an aging of accounts receivable and the result shows that 5% of accounts receivable is estimated to be uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded