A company used the percent of sales method to determine its bad debts expense. At the end of the current year, the company’s unadjusted trial balance reported the following selected amounts: ACCOUNTS RECEIVABLE $355,000 DR ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS $500 CR NET SALES $800,000 CR All sales are made on credit. Based on past experience, the company estimates 0.6% of credit sales to be uncollectible. What is the dollar amount of Bad Debts Expense management is estimating prior to any adjustment for the amount in the allowance for doubtful accounts?