During the? year, credit sales amounted to? $860,000. Cash collected on credit sales amounted to? $750,000 and? $17,000 has been written off. At the end of the? year, company adjusted for bad debts expense using the percent-of-sale method and applied a? rate, based on past? history, of? 3.5%. The ending balance in the Allowance for Bad Debts would? be