Marston Compary has outstanding accounts receivabie cotaling 66.5 million as of December 31 and saies on credit duting the vetar of C24. mikion There is a\$so a credit balance of 612,000 in the allowance for doubtful accounts. After ating its feceivablem, the cornpairy estrmates that fio of ins total ourstanding receivables wili be tincollectible. What will be the amount of bad debt expense recogniaed for the year? 6532000 6512000