Sage Hill Inc.’s unadjusted trial balance at December 31, 2017, included the following accounts:

Debit Credit

Allowance for doubtful accounts $8,300

Sales revenue $1,975,500

Sales returns and allowances $61,800

Sales discounts $4,220

Sage Hill estimates its bad debt expense to be 1.5% of net sales. Determine its bad debt expense for 2017