The given information is available for the Parker Company:
Credit sales during 2005 $100,000
Allowance for doubtful accounts at December 31, 2004 1,200
Account receivable deemed worthless and written off during 2005 1,600
During 2005 Parker estimated that its bad debt expense should be 1% of all credit sales. As a result of a review and aging of accounts receivable in early January 2006, it has been determined that an allowance for doubtful accounts of $1,100 is needed at December 31, 2005.
What is the total amount that parker should recorded as "bad debt expense" for the year ending December 31, 2005?