Your Company had $530,835 of credit sales and $50,000 of cash sales for the period. $410,000 of the accounts receivables were collected during the year. At the end of the current year, management estimated that 3% of credit sales would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $175. What is the bad debts expense for the period