Estimating Doubtful Accounts Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a h are as follows: Estimate the proper balance of the allowance for doubtful accounts should be as of December 31. Performance Bike Co. Estimation of Uncollectible Accounts December 31 Accounts Percent Estimated Uncollectible Accounts Amount Age Interval Balance Estimated Uncollectible Not past due $720,000 3/4% 1-30 days past due 79,200 4 31-60 days past due 36,000 8 61-90 days past due 91-180 days past due 25,900 17 18,700 42 Over 180 days past due 13,700 80 Total $893,500 Check My Work