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 $778,000 3/4 % 1-30 days past due 85,600 3 31-60 days past due 38,900 7 61-90 days past due 28,000 18 91-180 days past due 20,200 41 Over 180 days past due 14,800 75 $965,500 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Estimated Uncollectible Age Class Balance Percent Uncollectible Not past due $778,000 3/4% 1-30 days past due 85,600 3 31-60 days past due 38,900 7 61-90 days past due 28,000 18 91-180 days past due 20,200 41 Over 180 days past due 14,800 75 Total $965,500 Accounts Amount