Calistoga Produce estimates bad debt expense at 0.20% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $480,000 and $1,620 respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $316,000 and $318,000, respectively, and $1,900 in accounts receivable were written off. Calistoga's 2021 bad debt expense is: Multiple Choice $632. $562. O () $777. O $707