From its first day of operations to December $31,2023,$ Pharoah Corporation has followed ASPE and has provided for uncollectible accounts receivable under the allowance method:

Entries for bad debt expense were made monthly based on $3\mathrm{.}0\%$ of credit sales.

Bad debts that were written off were charged to the Allowance for Doubtful Accounts.

Recoveries of bad debts previously written off were credited to the allowance account.

No year$-$end adjustments were made to the allowance account.

The balance in Allowance for Doubtful Accounts was $$178,000$ at January $1,2023.$ During $2023,$ credit sales totalled $$9\mathrm{.}9$ million, interim entries for bad debt expense were based on $3\mathrm{.}0\%$ of credit sales, and recoveries of accounts previously written off amounted to $$19,000.$ In early $2023,$$$92,000$ of bad debts were written off. Pharoah upgraded its computer facility in November $2023,$ and an aging of accounts receivable was prepared for the first time as at December $31,2023.$ Pharoah's usual credit terms are net $30$ days, which remains unchanged. A summary of the aging analysis follows:

$\backslash$table$[[$Classification by Month of Sale,Balance in Each Category,Estimated $\%$ Uncollectible$],[$November$-$December $2023,$$$1,150,000,8\mathrm{.}0\%$