Wrangler Incorporated uses the percentage of credit sales method to estimate Bad Debt Expense. At the end of the year, the companys unadjusted trial balance includes the following: Accounts Receivable $ 363,000 Allowance for Doubtful Accounts (credit balance) 1,600 Net Credit Sales 914,000 Wrangler has experienced bad debt losses of 0.3% of credit sales in prior periods. What is the Bad Debt Expense to be recorded for the year