Cevables, Inc. has the following account balances at the end of the year before adjustments: Accounts receivable $60,000 Allowance for uncollectible accounts (800) Net sales 600,000 Bad debts expense 0 Management estimates that 11% of accounts receivable will be uncollectible. After the correct adjusting entry has been made, what is total Bad debts expense on the income statement for the year