Required information Skip to question [The following information applies to the questions displayed below.] Jarden Company has credit sales of $2,700,000 for year 2017. On December 31, 2017, the companys Allowance for Doubtful Accounts has an unadjusted credit balance of $16,442. Jarden prepares a schedule of its December 31, 2017, accounts receivable by age. On the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. This information is summarized here. December 31, 2017 Accounts Receivable Age of Accounts Receivable Expected Percent Uncollectible $ 540,000 Not yet due 0.90 % 216,000 1 to 30 days past due 1.65 43,200 31 to 60 days past due 6.15 21,600 61 to 90 days past due 31.00 4,320 Over 90 days past due 64.00

Required: 1. Estimate the required balance of the Allowance for Doubtful Accounts at December 31, 2017, using the aging of accounts receivable method.