Candy Gram has total Gross Accounts Receivables at December $31,2020$ of $$10,500,000.$ Based on its year$-$end analysis of the Accounts Receivables, the company$$s reserve policy and known information, the estimated Reserve for Bad Debt should be $15\%.$How much should the company have as a Reserve for Bad Debt?How much will the company book as Bad Debt expense if the current Reserve for Bad Debt is $$1,000,000$