[The following information applies to the questions displayed below.]

On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $14,000. 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	1.25%
344,000	1 to 30 days past due	2.00
68,800	31 to 60 days past due	6.50
34,400	61 to 90 days past due	32.75
13,760	Over 90 days past due	68.00

Problem 7-3A (Algo) Part 1

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.

	Accounts Receivable		Percent Uncollectible	=	Estimated Uncollectible
Not due:				=
1 to 30:				=
31 to 60:				=
61 to 90:				=
Over 90:				=
Estimated balance of allowance for uncollectibles