Dortmund Stockyard reports $531,034 in credit sales for 2018 and $571,264 in 2019. It has a $439,539 accounts receivable balance at the end of 2018, and $425,132 at the end of 2019. Dortmund uses the balance sheet method to record bad debt estimation at 9% during 2018. To manage earnings more favorably, Dortmund changes bad debt estimation to the income statement method at 8% during 2019. Determine the bad debt estimation for 2019. Round to the nearest whole dollar, no decimal places.