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A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due = $68,000; estimated uncollectible = 3%. 2. Accounts

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A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due = $68,000; estimated uncollectible = 3%. 2. Accounts 1-30 days past due = $27,000; estimated uncollectible = 10%. 3. Accounts more than 30 days past due = $111,000; estimated uncollectible = 40%. Compute the total estimated uncollectible accounts. Estimated uncollectible accounts

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