Assume Simple Company had credit sales of $$249,000$ and cost of goods sold of $$149,000$ for the period. Simple uses the percentage of credit sales method and estimates that $2$ percent of credit sales would result in uncollectible accounts. Before the end$-$of$-$period adjustment is made, the Allowance for Doubtful Accounts has a credit balance of $$240.$

Required:

What amount of Bad Debt Expense would the company record as an end$-$of$-$period adjustment?