Superior Company has provided you with the following information before any year-end adjustments:

Net credit sales are $131,000.

Historical percentage of credit losses is 2%.

Allowance for doubtful accounts has a credit balance of $450.

Accounts receivables ending balance is $45,000.

What is the estimated bad debt expense using the percentage of credit sales method?

$900.

$2,620.

$3,070.

$2,170.