The following summarizes the results of an aging analysis of Glenview Companys accounts receivable at the end of the year.

Age Group	Amount				Estimated Percent Uncollectible					Estimated Allowance
030 days	$	420,000				2	%			$	8,400
3160 days		140,000				5	%				7,000
61120 days		100,000				10	%				10,000
Over 120 days		120,000				20	%				24,000
Allowance for uncollectible accounts										$	49,400

The company has a pre-adjustment credit balance of $5,000 in its Allowance for Uncollectible Accounts at December 31, Year 2. Using the balance sheet approach, what amount of Bad Debt Expense should Glenview report for Year 2?