Flyer Company has provided the following information prior to any year-end bad debt adjustment Cash sales, $166,000 Credit sales, S466,000 Selling and administrative expenses, $126,000 Sales returns and allowances, $46,000 . Gross profit, $506,000 Accounts receivable, $265,000 Sales discounts, $30,000 Allowance for doubtful accounts credit balance. $2,800 Flyer estimates bad debt expense assuming that 15% of credit sales have historically been uncollectible. How much is Flyer's bad debt expense