Carmack Company has credit sales of $2.50 million for year 2015. On December 31, 2015, the companys Allowance for Doubtful Accounts has an unadjusted credit balance of $15,560. Carmack prepares a schedule of its December 31, 2015, accounts receivable by age. On the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. This information is summarized here.

December 31, 2015 Accounts Receivable	Age of Accounts Receivable	Expected Percent Uncollectible
$	500,000	Not yet due	1.05	%
	200,000	1 to 30 days past due	1.80	%
	40,000	31 to 60 days past due	6.30	%
	20,000	61 to 90 days past due	31.75	%
	4,000	Over 90 days past due	66.00	%

Estimate the required balance of the Allowance for Doubtful Accounts at December 31, 2015, using the aging of accounts receivable method.(Round your intermediate calculations and final answer to the nearest dollar amount. Omit the "$" sign in your response.)

Required balance ( )$