Domino Company uses the percent of receivables method to estimate uncollectible accounts expense. Domino began 2016 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $76,500 and $5,800, respectively. During the year, the company wrote off $4,640 in uncollectible accounts. In preparation for the company's 2016 estimate, Domino prepared the following aging schedule:

Number of Days Past Due Receivables Amount % Likely to be Uncollectible
Current $ 104,000 1%
0-30 45,000 5%
31-60 9,920 10%
61-90 4,440 25%
Over 90 3,800 50%
Total $ 167,160

What will Domino record as Uncollectible Accounts Expense for 2016?

$6,132

$1,512

$7,292

$4,640