Flyer Company has provided the following information prior to any year-end bad debt adjustment: . Cash sales, $165,000 Credit sales, $465,000 Selling and administrative expenses, $125,000 Sales returns and allowances, $45,000 Gross profit, $505,000 Accounts receivable, $255,000 Sales discounts, $29,000 Allowance for doubtful accounts credit balance, $2,700 Flyer prepares an aging of accounts receivable and the result shows that 2% of accounts receivable is estimated to be uncollectible. How much is bad debt expense