The following summarizes the results of an aging analysis of Glenview Company's accounts receivable at the end of the year. Estimated Estimated Percent Uncollectible Allowance Amount Age Group 0-30 days 31-60 days 61-120 days Over 120 days $420,000 140,000 100,000 $8,400 7,000 10,000 24,000 28 5% 10% 20% 120,000 $49,400 Allowance for uncollectible accounts 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? Bad debt expense