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Finland Inc has the following Accounts Receivable Aging on March 3 1 Aging Bucket Current 1 - 9 0 days 9 1 - 1 8

Finland Inc has the following Accounts Receivable Aging on March 31
Aging Bucket Current 1-90 days 91-180 days 181-365 days 366+ days
Amount Outstanding 300,000180,000100,00050,00015,000
March sales were $320,000
What is Finland's bad debt expense for March using the Percentage of Sales Method and a reserve rate of 1%

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