Instructions Allowance for Doubtful Accounts Estimate Instructions Outlaw 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: Age Interval Balance Percent Uncollectible Not past due $1,300,000 0.65% 1 - 30 days past due 482,900 4 31-60 days past due 178,500 8 61 - 90 days past due 56.900 13 91 - 180 days past due 36,200 37 Over 180 days past due 23,700 83 $2,078,200 Allowance for Doubtful Accounts Estimate Shaded cells have feedback. nd 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 $1,300,000 0.65% $84,500 X 1 - 30 days past due 482,900 4% 31 - 60 days past due 178,500 8% 61 - 90 days past due 56,900 13% 91 - 180 days past due 36,200 37% Over 180 days past due 23,700 83% Total $2,078,200