Blower estimates its uncollectible accounts by aging its accounts receivable and applying percentages to various aged categories. Blower computes a total of $65,000 in estimated uncollectible Accounts as of its current year-end. Its Accounts Receivable has a balance of $678,200, and its Reserve for Bad Debt has an unused balance of $38,000 before any year-end adjustments.
What amount of bad debt expense will Blower report in its income statement for the current year?