Kagura Umbrella Store shows the following data for a calendar year: (a) Accounts receivable ending ₱1,000,000; (b) Allow

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Kagura Umbrella Store shows the following data for a calendar
year: (a) Accounts receivable ending ₱1,000,000; (b) Allowance for
Bad Debts Expense, beginning, ₱15,000; (c) Credit Sales during the
year ₱2,500,000; (d) Recovery of Accounts written off ₱5,000; and
(e) Accounts written off, ₱10,000. It is the company’s policy that
allowance for doubtful accounts is estimated at 2% of the accounts
receivable. How much is the doubtful account expense during the
year?