Bad Debt Expense: Percentage of Credit Sales Method

The Glass House, a glass and china store, sells nearly half its merchandise on credit. During the past $4$ years, the following data were developed for credit sales and losses from uncollectible accounts:

$\backslash$table$[[$Year of Sales,Credit Sales,$\backslash$table$[[$Losses from$],[$Uncollectible Accounts$*]]],[2020,$$$200,000,12,700],[2021,202,000,13,231],[2022,214,000,13,375],[2023,235,000,19,388],[$Total$,$$$851,000,$$$58,694$