Raintree Cosmetic Company sells its products to customers on a credit basis. An adjusting entry for bad debt expense is recorded only at December $31,$ the company's fiscal year$-$end. The $2023$ balance sheet disclosed the following:

Current assets:

Receivables, net of allowance for uncollectible accounts of $$36,000$

$$462,000$

During $2024,$ credit sales were $$1,780,000,$ cash collections from customers $$1,860,000,$ and $$41,000$ in accounts receivable were written off. In addition, $$3,600$ was collected from a customer whose account was written off in $2023.$ An aging of accounts receivable at December $31,2024,$ reveals the following:

$\backslash$table$[[$Age Group,$\backslash$table$[[$Percentage of Year$-],[$End Receivables in$],[$Group$]],\backslash$table$[[$Percent$],[$Uncollectible$]]],[0-60$ days,$70\%,5\%$