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Estimating doubtful accounts

Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the companys accounts receivable on December 31 and a historical analysis of the percentage of uncollectible accounts in each age category are as follows:

Age Class	Balance	Percent Uncollectible
Not past due	$524,000	3/4%
130 days past due	57,600	3
31-60 days past due	26,200	8
6190 days past due	18,900	14
91180 days past due	13,600	39
Over 180 days past due	10,000	80
Total	$650,300

Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31.

Age Class	Balance	Estimated Uncollectible Accounts Percent	Estimated Uncollectible Accounts Amount
Not past due	$524,000	3/4%	$fill in the blank 1
1-30 days past due	57,600	3	fill in the blank 2
31-60 days past due	26,200	8	fill in the blank 3
61-90 days past due	18,900	14	fill in the blank 4
91-180 days past due	13,600	39	fill in the blank 5
Over 180 days past due	10,000	80	fill in the blank 6
Total	$650,300		$fill in the blank 7