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 $896,000 3/4 % 1-30 days past due 98,600 2 31-60 days past due 44,800 6 61-90 days past due 32,300 14 91-180 days past due 23,300 40 Over 180 days past due 17,000 75 $1,112,000 Balance Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Age Class Estimated Uncollectible Accounts Amount Percent Uncollectible Not past due $896,000 3/4% 1-30 days past due 98,600 2 31-60 days past due 44,800 6