Estimating Doubtful Accounts Outlaw 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: Age Class Balance Percent Uncollectible Not past due $772,000 3/4 % 1-30 days past due 84,900 3 38,600 6 31-60 days past due 61-90 days past due 27,800 14 20,100 38 91-180 days past due Over 180 days past due 14,700 65 $958,100 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Percent Uncollectible Estimated Uncollectible Accounts Amount Age Class Balance Not past due $772,000 3/4% 1-30 days past due 84,900 3 31-60 days past due 38,600 6 27,800 14 61-90 days past due 91-180 days past due 20,100 38 Over 180 days past due 14,700 65 Total $958,100 $