Estimating Doubtful Accounts

Easy Rider International is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31, 20Y3, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows:

Age Interval

Balance

Percent

Uncollectible

Not past due

$1,850,000

1

%

130 days past due

750,000

2

3160 days past due

100,000

6

6190 days past due

60,000

14

91180 days past due

45,000

60

Over 180 days past due

25,000

90

$2,830,000

Estimate what the balance of the allowance for doubtful accounts should be as of December 31, 20Y3. Enter your answers as positive amounts.

Age Interval

Estimated

Uncollectible

Amount

Not past due

$

1-30 days past due

31-60 days past due

61-90 days past due

91-180 days past due

Over 180 days past due

Total

$