Question - At January 1, 2018, Betty DeRose, Inc. had an allowance for bad debts with a $3,100 credit balance. During 2018, Betty wrote-off accounts receivable as uncollectible totaling $4,700. The aging schedule below was prepared by Betty DeRose, Inc. at December 31, 2018:

                                                Accounts Receivable      % Uncollectible

not past due                                    $150,000                         1%

1-30 days past due                          55,000                             4%

31-60 days past due                        24,000                             9%

61-90 days past due                        13,000                             25%

over 90 days past due                     6,000                               45%

Calculate the amount of bad debt expense recorded by Betty DeRose, Inc. for 2018. Do not use decimals in your answer.