Instructions Allowance for Doubtful Accounts Estimate 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: Estimate what the proper balance of the Allowance for Doubtful Accounts should be as of December 31 Age Interval Balance Percent Uncollectible Estimated Uncollectible Accounts Not past due $1,100,000 0.50% Age Interval Balance Percent Amount 1 - 30 days past due 545,000 3 Not past due $1,100,000 0.50% $ 31-60 days past due 197,300 5 1 - 30 days past due 545.900 39 81 - 90 days past due 59,400 20 31-60 days past due 197,300 5%. 91 - 180 days past due 35,400 36 81 - 90 days past due 59,400 20% Over 180 days past due 27.200 89 91 - 180 days past due 35,400 38% $1,985,200 Over 180 days past due 27.200 89% Total $1,985 200 $ Estimate what the proper balance of the Allowance for Doubtful Accounts should be as of December 31