Required information [The following information applies to the questions displayed below.] Jarden Company has credit sales of $3.6 million for year 2013. On December 31, 2013, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500. Jarden prepares a schedule of its December 31, 2013, 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, 2013 Age of Accounts Receivable Not yet due Accounts Receivable Expected Percent Uncollectible $830,000 1.25% 254,000 1 to 30 days past due 2.00 86,000 31 to 60 days past due 6.50 38,000 12,000 61 to 90 days past due Over 90 days past due 32.75 68.00 Required: 1. Estimate the required balance of the Allowance for Doubtful Accounts at December 31, 2013, using the aging of accounts receivable method. Accounts receivable Not due: 1 to 30: 31 to 60: 61 to 90: Over 90: x x x Percent uncollectible (#.##%) Estimated uncollectible Estimated balance of allowance for uncollectibles = = = =