The Excellus Company uses the allowance method to account for bad debts. At the beginning of $2024,$ the allowance account had a credit balance of $$54,000.$ Credit sales for $2024$ totaled $$1,800,000$ and the year$-$end accounts receivable balance was $$450,000.$ During this year, $$48,600$ in receivables were determined to be uncollectible. Excellus anticipates that $3\%$ of all credit sales will ultimately become uncollectible. The fiscal year ends on December $31.$

$\backslash$table$[[$Credit sales for $2024,$$$1,800,000$