Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $161,000 Credit sales, $461,000 Selling and administrative expenses, $121,000 Sales returns and allowances, $41,000 Gross profit, $501,000 Accounts receivable, $215,000 Sales discounts, $25,000 Allowance for doubtful accounts credit balance, $2,300 Flyer prepares an aging of accounts receivable and the result shows that 4% of accounts receivable is estimated to be uncollectible. How much is bad debt expense