Ace Co. prepared an aging of its accounts receivable at December 31, 2012 and determined that the net realizable value of the receivables was $600,000. Additional information is available as follows:
Allowance for uncollectible accounts at 1/1/12-credit balance $ 68,000
Accounts written off as uncollectible during 2012 46,000
Accounts receivable at 12/31/12 650,000
Uncollectible accounts recovered during 2012 10,000
For the year ended December 31, 2012, what Ace's uncollectible accounts expense would be ?