Turnip Company has provided the following information prior to any year-end bad debt adjustment:

• Cash sales, $153,000
• Cost of sales, $151,000
• Sales returns and allowances, $32,000
• Sales discounts, $0
• Gross profit, $275,000
• Selling and administrative expenses, $51,000
• Net income, $349,000
• Increase in accounts receivable, $50,000

Turnip estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. How much is Turnips bad debt expense?