In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of $83,100. During the year, Dinty wrote off $31,300 of accounts receivable it had attempted to collect and failed. Credit sales for the year were $2,290,000, and cash collections from credit customers totaled $1,940,000. What bad debt expense would Dinty report in its first-year income statement?