During the month of May, Nylander Company had credit sales of $783,000. Based on prior experience, it estimates a 2.7% bad debt rate on credit sales. On May 25, an account receivable of $5,000 was determined to be uncollectible and was written off. The allowance for doubtful accounts had a balance of $2,250 before adjustment. What is the amount of bad debt expense to be recorded at the end of May if Nylander Company uses the percentage of credit sales method to estimate the bad debt expense?