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On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $16,000. Jarden prepares a schedule of its December 31 accounts receivable by age.

Accounts Receivable Age of Accounts Receivable Expected Percent Uncollectible

$ 860,000 Not yet due 1.20%

344,000 1 to 30 days past due 1.95

68,800 31 to 60 days past due 6.45

34,400 61 to 90 days past due 32.50

13,760 Over 90 days past due 67.00

Required:

1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable.

Note: Enter "Percent uncollectible" answers as percent rounded to 2 decimal places.

Aequited information (Thet faliowing infovmation apples to the questions dispitycd below] On December 31. Jarden Cemphey's Alowance sor Doubiful Accounts has an unaciusted ciedt balance of 516.000 iveden prepares as schedule of as December 31 accourts feceivable by age Pequised: 1. Compute the tequered balance of the Afowance for Dodbtful Accourts at December 31 uting an oging of accounts receivable. Note: Enser 'Percent uncellectible" anwwers as petcent reunded to 2 decimal places