On December 31, 2019. Mills Manufacturing Ltd. had a $206,000 balance in its Accounts Receivable and a $9,100 balance in its Allowance for Doubtful Accounts. During 2020, the company made total sales of $991,000, of which $208,000 were cash sales. By the end of the year, Mills had received payments of $710,000 from its customers on account. The company also wrote off as uncollectible $13,700 of its receivables when it learned that these customers had declared bankruptcy. The company was subsequently able to recover $5,400 from one of these customers. (Note that this amount is not included in the cash collections noted above.) Management estimates that bad debts expense will be 3% of its credit sales. Show how the accounts receivable section of the statement of financial position at December 31, 2020, would be presented. Mills Manufacturing Ltd. Statements of Financial Position (Partial) As at December 31, 2020 Accounts Receivable $ Allowance for Doubtful Accounts Net Receivables $ What amount of bad debts expense would appear in the statement of income for the year ended December 31, 2020? $ $ Bad debts expense for year