Estimating Doubtful Accounts Performance Bike Co. is a wholesaler of motorcycle suppites. An aging or 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 Uncollectible Age Interval Balance 0.8% 24 Not past due 1-30 days past due 31-60 days past due 61-90 days post due 91-180 days past due Over 180 days post due $3,250,000 1,050,000 780,000 320,000 7.0 18.0 3.0 240,000 150,000 $5,790,000 85.0 Estimate what the proper balance of the town or doubtfuccount should be as of December 31 Estimated Uncollectible Accounts Balance Percent Amount Age Interval $3,250,000 0.8% Not past due 1,050,000 2.4 1-30 days past due 780,000 7.0 31-60 days past due 320,000 18.0 61-90 days past due 240,000 34.0 91-180 days past due 150,000 85.0 Over 180 days past due $5,790,000 Total