Estimating Doubtful AccountsPerformance 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 what the proper balance of the allowance for doubtful accounts should be as of December 31.

mm 'bnubtful Accounts Petfbnnanoe Elke (10. Is a wholmler of motorcycle supplies. An aging oftlue company'a accounts receivable onie'cemb'r 313mm! ESlimate what the primer balance of the allowance fur doubtful accounts should be as of December 31. Perfonname Bike Co. Esljrmtiun of Umolleutible Amounts December 31 Age Interval Balm Estimated Unmlleclible Amounts Pen-Dent Estimatai Unmedihle mounts Amount Not past due $378,\" 3[4% D a 130 days past due 96,600 2% [:] 31-66 days past due 43,900 5% [I 61-90 days past due 31,500 15% [:3 917130 days past due 22,300 40% C: 1 Over 180 days past due 16.?00 75% l: Tolal $1,039,500 EEC: M".._.__.HNV H, I, f WE more Check My Work uses remaining. .- , . . . r5 , f