At the End of Its First Year of Operations, December

At the end of its first year of operations, December 31, 2019, Felicity Ltd.'s accounts show the following amounts:
$\begin{array}{|l|lrr|} \hline\text { Accounts receivable } &\$1,845,000 \\\hline \text { Allowance for doubtful accounts, before any adjusting or dosing } &\\ \text { entries } &11,000 \text {Cr }\\\hline \text { Bad debt expense for 2019 prior to any adjusting or closing } &\\ \text {entries } &48,000 \text {Dr }\\\hline \text { Customer accounts written off as uncollectable during 2019 } &37,000\\\hline \end{array}$
The company estimates that the following amounts of accounts receivable will not be collectible:
$$\begin{array} { | l | c | c | c | c | c | } \hline \text { Days outstanding } & \mathbf { 0 } - \mathbf { 3 0 } & \mathbf { 3 1 } - \mathbf { 7 5 } & \mathbf { 7 6 } - \mathbf { 1 2 0 } & \mathbf { 1 2 0 } + & \text { Total } \\\hline \text { Amount } & 510,000 & 444,000 & 403,000 & 128,000 & 1,485,000 \\\hline \% \text { not collectible } & 5 \% & 9 \% & 15 \% & 28 \% & \ldots \\\hline\end{array}$$ What should be the amount of bad debt expense for the year ended December 31, 2019?