Flyer Company has provided the following information prior to any year-end bad debt adjustment:

Cash sales, $150,000

Credit sales, $450,000

Selling and administrative expenses, $110,000

Sales returns and allowances, $30,000

Gross profit, $490,000

Accounts receivable, $110,000

Sales discounts, $14,000

Allowance for doubtful accounts credit balance, $1,200

Flyer prepares an aging of accounts receivable and the result shows that 5% of accounts receivable is estimated to be uncollectible. How much is bad debt expense?