Corona Company Has Credit Sales of $4 Assuming the Company Uses the Percent of Accounts Receivable Method,determine

Corona Company has credit sales of $4.60 million for year 2011.The company estimates that 1.42% of accounts receivable will be uncollectible.On December 31,2011,the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $13,164.Corona prepares a schedule of its December 31,2011,accounts receivable by age.Based on past experience,it estimates the percent of receivables in each age category that will become uncollectible.This information is summarized here:
$$\begin{array} { | c l c | } \begin{array} { c } \text { December 31, 2011 } \\\text { Accounts Receivable }\end{array} & { \begin{array} { c } \text { Age of Accounts } \\\text { Receivable }\end{array} } & \begin{array} { c } \text { Expected Percent } \\\text { Uncollectible }\end{array} \\\hline 720,000 & \text { Not yet due } & 1.05 \% \\252,000 & 1 \text { to 30 days past due } & 1.80 \\49,600 & \text { 31 to 60 days past due } & 6.30 \\14,100 & \text { 61 to 90 days past due } & 31.75 \\2,850 & \text { Over 90 days past due } & 66.00\end{array}$$
Assuming the company uses the percent of accounts receivable method,determine the amount that should be recorded for Bad Debt Expense on December 31,2011.