At year end, the company's aged list of Accounts receivable showed the following breakdown. The adjusted balance for the allowance of doubtful accounts, at year end is a $6,500 debit. Days Outstanding Estimated % outstanding Balances Uncollectible 0-30 days $324,000 5% 31 - 90 days 35,400 10% Over 90 days 32,100 25% Instructions: Calculate the bad debt expense for the year. Enter your answer into the following box (nearest dollar amount without dollar sign or comma, e.g. 15000). Answer: hp