Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the companys 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	$892,000	3/4 %
1 - 30 days past due	285,000	1
31 - 60 days past due	101,000	8
61 - 90 days past due	63,000	16
91 - 180 days past due	43,100	50
Over 180 days past due	17,700	80
	$1,401,800

Estimate what the proper balance of the Allowance for Doubtful Accounts should be as of December 31.

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	$892,000	0.75
1 - 30 days past due	285,000	1.00
31 - 60 days past due	101,000	8.00
61 - 90 days past due	63,000	16.00
91 - 180 days past due	43,100	50.00
Over 180 days past due	17,700	80.00
Total	$1,401,800