OBJ. 4 EX 9-11 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 uncol- lectible accounts in each age category are as follows: Percent Age Interval Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due Balance Uncollectible 0.8% $3,250,000 1,050,000 2.4 780,000 7.0 320,000 18.0 240,000 150,000 $5,790,000 34.0 85.0 Estimate the proper balance of the allowance for doubtful accounts as of December 31. Entry for uncollectible accounts EX 9-12 OBJ. 4 Using the data in Exercise 9-11, assume that the allowance for doubtful accounts for Performance Bike Co, had a debit balance of $28,400 as of December 31. Journalize the adjusting entry for uncollectible accounts as of December 31