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

• Cash sales, $157,000
• Credit sales, $457,000
• Selling and administrative expenses, $117,000
• Sales returns and allowances, $37,000
• Gross profit, $497,000
• Accounts receivable, $175,000
• Sales discounts, $21,000
• Allowance for doubtful accounts credit balance, $1,900

Flyer prepares an aging of accounts receivable and the result shows that 3% of accounts receivable is estimated to be uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded?