Question $4(1$ point$)$

Saved

Maple Co$.$ provides for bad debts expense at the rate of $5\mathrm{.}75\%$ of ending Accounts Receivable. On Jan $1,201,$ the Allowance for Bad Debts was $$18,000.$ There were $$16,000$ of accounts written off during the year. Credit sales for the year were $$530,000.$ Ending Accounts Receivable was $$120,000.$

What is the amount of Bad Debt Expense for the year?