Estimating Doubtful Accounts Performance Bike a of mororeyde supplies. An aging the company's accounts receivable on December 31 and a historical analysis the percentage o uncollectible accounts in each age category are as follows :

Percent Uncollectible Age Interval Balance Not past due $3,250,000 0.8% 1,050,000 2.4 1-30 days past due 31-60 days past due 780,000 7.0 61-90 days past due 320,000 18.0 240,000 34.0 91-180 days past due Over 180 days past due 150,000 85.0 $5,790,000 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Estimated Uncollectible Accounts Age Interval Balance Percent Amount Not past due $3,250,000 0.8% 1-30 days past due 1,050,000 2.4 31-60 days past due 780,000 7.0 61-90 days past due 320,000 18.0 91-180 days past due 240,000 34.0 Over 180 days past due 150,000 85.0 Total $5,790,000