Smithson Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $30,577. During 2020, it wrote off $21,240 of accounts and collected $6,056 on accounts previously written off. The balance in Accounts Receivable was $600,658 at 1/1 and $722,223 at 12/31. At 12/31/20, Smithson estimates that 5% of accounts receivable will prove to be uncollectible. What is Bad Debt Expense for 2020?

*round your final answer to the nearest $1