Booked Solid, Inc., has the following account balances at the end of the year before adjustments: Accounts Receivable $50,000 Allowance for Doubtful Accounts $400 credit balance Sales $500,000 Doubtful Accounts Expense 50 Management estimates that 6% of accounts receivable will be uncollectible. After the correct adjusting entry has been made, what is total Doubtful Accounts Expense on the income statement for the year