Assume the following for ROK Company:

a$.$ Accounts Receivable balance: $$900,000$

b$.$ Allowance for Doubtful Accounts balance: $$1,000$ credit

c$.$ Amount of receivables deemed uncollectible based on aging schedule: $$4,000$

Assuming ROK Company uses the Percentage of Receivables approach;

$1.$ What is the bad debt expense to be recorded for the year?

Use comma's in your answer but NOT $ signs or cents.

$2.$ what is the balance in the allowance for doubtful accounts account after recording the bad debt expense?