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Editing BONUS 6 pts) FAILURE TO ATTEMPT OR COMPLETE THIS WILL RESULT IN A LOSS OF 5 POINTS Fred and Barney own Bedrock Motorcycle Supplies.

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Editing BONUS 6 pts) FAILURE TO ATTEMPT OR COMPLETE THIS WILL RESULT IN A LOSS OF 5 POINTS Fred and Barney own Bedrock Motorcycle Supplies. An aging of the company's Accounts Receivable on December 31, 2019 and a historical analysis of the percentage of uncollectible accounts in each category are as follows: % Aging Balance uncollectible Current $ 740,000 12% 1 - 30 days past due 390,000 2 31 - 60 days past due 85,000 4 61 - 90 days past due 28,000 14 91 - 180 days past due 42,000 32 Over 180 days past due 15,000 80 $1.300.000 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31, 2019 (Show your calculations below) Answer: Focus

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