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: Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Outlaw Bike Co. Estimation of Uncollectible Accounts December 31 Age Class Not past due 1-30 days past due 66,900 2% 31-60 days past due 30,400 7% 61-90 days past due 21,900 17% 91-180 days past due 15,800 38% Over 180 days past due 11,600 65% Balance Percent Uncollectible Estimated Uncollectible Accounts Amount $608,000 1/2% Total $754,600