Hawkeye Company has provided you with the following information for 2019: Net credit sales are $165,000 for 2019 Historical percentage of credit losses is 3% Allowance for doubtful accounts has a beginning credit balance of $400 Accounts receivable has an ending balance of $60,000 Write-offs during 2019 were $1,000 What is the estimated BAD DEBT EXPENSE for 2019 using the percentage of credit sales method? $4,550 $5,950 $1,800 $5,350 $4,950 $2,200 $2,800