Kevin Corp.s unadjusted trial balance included the following:

	Debit	Credit
Accounts receivable	$1,120,000
Allowance for doubtful accounts		$7,120
Sales		6,800,000
Sales returns and allowances	160,000

Your answers should be provided with NO DOLLAR SIGNS ($), COMMAS (,) or PERIODS (.). For example, $100,000 should be entered as 100000

Assuming Kevin inc estimates uncollectible accounts using 4% of gross accounts receivable what will the ending balance in the allowance for doubtful accounts and bad debt expense be?