eBook Show Me How Printem O Estimating Doubtful Accounts Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a historical analysis of the percentage of uncollectible accounts in each age category are as follows: Estimate the proper balance of the allowance for doubtful accounts should be as of December 31. Performance Bike Co. Estimation of Uncollectible Accounts December 311 Accounts Percent Estimated Uncollectible Accounts Amount Age Interval Estimated Uncollectible Balance Not past due $844,000 3/4% 1-30 days past due 92,800 2 31-60 days past due 42,200 9 61-90 days past due 30,400 14 91-180 days past due 21,900 421 Over 180 days past due 16,000 65 Total $1,047,300