Current Attempt in Progress

Culver Corp. has outstanding accounts receivable totaling $$5\mathrm{.}60$ million as of December $31$ and sales on credit during the year o million. There is also a credit balance of $$12000$ in the allowance for doubtful accounts. If the company estimates that $6\%$ of its outstanding receivables will be uncollectible, what amount of bad debt expense will be reported on Culver's income statement?

$$348000.$

$$336000.$

$$1320000.$

$$324000.$