Luis's Allowance for Bad (Uncollectible) Debts account has a credit balance of $2 000 before Luis estimates and adjusts for the current year's bad debt expense. Based on experience, Luis estimates that 4% of net credit sales will prove uncollectible during 2025. Luis's 2025 net credit sales totaled $290 000. In accordance with GAAP and the FASB, what amount of Bad Debt (Uncollectible) expense should Luis report on the Income Statement for the 2025? What amount should Luis report on its Balance Sheet?