Splish Brothers Inc. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end.

Calculate the total estimated bad debts on the below information.

				Number of Days Outstanding
		Total		030		3160		6190		91120		Over 120
Accounts Receivable		$538,000		$374,000		$88,000		$40,000		$24,000		$12,000
% uncollectible				1%		4%		5%		7%		11%
Estimated bad debts		$		$		$		$		$		$

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