At December 31, 2021, Ayayai Imports reported this information on its balance sheet.

Accounts receivable		$639,500
Less: Allowance for doubtful accounts		40,180

During 2022, the company had the following transactions related to receivables.

1.		Sales on account		$2,910,800
2.		Sales returns and allowances		55,300
3.		Collections of accounts receivable		2,517,800
4.		Write-offs of accounts receivable deemed uncollectible		40,050

Record bad debt expense for 2022, assuming that aging the accounts receivable indicates that estimated bad debts are $86,850. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

				Assets					=	Liabilities	+	Stockholders' Equity
								Allow. For						Retained Earnings
				Cash	+	Accts. Rec.	-	Doubtful Accts.	=		+	Common Stock