On 1/1/14, Frank Lucas Inc. had a normal balance in the Allowance for Doubtful Accounts of $25,000. During 2014, it wrote off $18,000 of accounts and collected $5,250 on accounts previously written off. The balance in Accounts Receivable was $500,000 at 1/1 and $600,000 at 12/31. At 12/31/14, Frank Lucas Inc.prepared an aging schedule to determine the appropriate amount for the Bad Debt Expense accrual entry. What should Frank Lucas Inc. report as the balance of the Allowance for Doubtful Accounts at 12/31/14?

% Uncollectible	4%	15%	20%	25%
Payee/Aging	Age 0-30	30-60	60-90	>90	Total
Grapperhouse Iron Works			25,000		25,000
Plocher Building		350,000		20,000	370,000
Clarkin Mechanical Services	75,000	50,000	10,000		135,000
Zobrist Electric Installation	50,000	15,000	5,000		70,000
Total	125,000	415,000	40,000	20,000	$600,000