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 historical analysis of the percentage of uncollectible accounts in each age category 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
Age Interval	Balance	Estimated Uncollectible Accounts Percent	Estimated Uncollectible Accounts Amount
Not past due	$526,000	3/4%	$fill in the blank 1
1-30 days past due	57,900	2	fill in the blank 2
31-60 days past due	26,300	6	fill in the blank 3
61-90 days past due	18,900	16	fill in the blank 4
91-180 days past due	13,700	38	fill in the blank 5
Over 180 days past due	10,000	70	fill in the blank 6
Total	$652,800		$fill in the blank 7