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: Percent Age Class Balance Uncollectible Not past due $718,000 1/2 % 1-30 days past due 79,000 2 31-60 days past due 35,900 9 61-90 days past due 25,800 18 91-180 days past due 18,700 41 Over 180 days past due 13,600 $891,000 75 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Age Class Balance Percent Uncollectible Not past due $718,000 1/2% 1-30 days past due 79,000 2 31-60 days past due 35,900 9 61-90 days past due 25,800 18 91-180 days past due 18,700 41 Over 180 days past due 13,600 75 Total $891,000 Estimated Uncollectible Accounts Amount