Smithson Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $30,653. During 2020, it wrote off $21,362 of accounts and collected $6,107 on accounts previously written off. The balance in Accounts Receivable was $600,779 at 1/1 and $722,708 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 24,546