Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $482,000 and $1,450 respectively, at December 31, 2012. During 2013 Calistoga's credit sales and collections were $318,000 and $313,000, respectively, and $1,760 in accounts receivable were written off. Calistoga's 2013 bad debt expense is:

a)	$1,450.
b)	$1,272.
c)	$1,760.
d)	$962.