Please see the analysis of potential losses in its accounts receivable for Smith Industries below:

Age Past Due	Receivable Balance	Estimated Loss (%)
0-30 days past due	$ 70,000	0.5%
31-60 days past due	45,000	2.5%
61-90 days past due	30,000	10.0%
Over three months past due	5,000	95.0%
Total	$150,000

During the year, $1,500 of receivables were written off. The balance of Allowance for Uncollectible Accounts is a credit of $500 on December 31, 2021 prior to adjustments. A.) Please calculate the bad debt expense for 2021.

B.) What is the amount of accounts receivable reported on Smith Industries' December 31, 2021 balance sheet?