Johnson Company uses the allowance method to account for uncollectible accounts receivable Bad debt expense is established as a percentage of credit sales. For 2016. net credit sales total $4,600,000. and the estimated bad debt percentage is 1 60% The allowance for uncollectible accounts had a credit balance of $43,000 at the beginning of 2016 and $40,500, after adjusting entries, at the end of 2016. Required: What is bad debt expense for 2016