Lincoln, Inc. has shared the following accounts receivable aging schedule as of July 31, 2018:

Lincoln, Inc.
Accounts Receivable
July 31, 2018
Customer Name	Invoice Date	Amount
Jackson Company	7/20/2018	$20,000
Matt, Inc.	3/27/2018	18,000
Emma, Corp.	6/12/2018	6,000
Chris Co.	5/14/2018	12,000
Jennifer, Ltd.	5/22/2018	14,000
		$70,000

All invoices are billed with terms of net 30 days.

The allowance for doubtful accounts had a balance of $1,500 as of June 30, 2018. No write-offs were recorded during July.

Lincoln, Inc. adjusts for bad debt based on the aging of accounts receivable method. At July 31, Lincoln believed the following uncollectible rates apply to their aging.

Current: 1.0% uncollectible

1 - 30 days past due: 3.0% uncollectible

31 - 60 days past due: 5.0% uncollectible

over 60 days past due: 7.0% uncollectible

The estimated uncollectible amount per aging category at 7/31/18 is:

Current:

1 - 30 days past due:

31 - 60 days past due:

over 60 days past due:

Bad debt expense for July 2018 is: