ungmenyaessighmentMain.doinvoker-ass signments&itakeAssignmentSessionLocator-assignment-take&inprogress-false eBook Show Me How Calculator Estimating Doubtful Accounts Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a historical analysis of the percentage of uncollectible accounts in each age category are as follows: Percent Uncollectible Age Interval Balance Not past due $3,250,000 1,050,000 780,000 320,000 240,000 150,000 $5,790,000 0.8% 2.4 7.0 18.0 34.0 85.0 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31 Estimated Uncollectible Accounts Amount Balance Percent Age Interval $3,250,000 0.8% 2.4 780,000 7.0 Not past due 1-30 days past due 31-60 days past due 1,050,000 Check , 3-28 PM eBook Show Me How Calculator Not past due 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due 3,250,000 1,050,000 780,000 320,000 240,000 150,000 $5,790,000 0.8% 2.4 7.0 18.0 34.0 85.0 Estimate what the proper balance of the allowance for doubtful accounts should be as of December 31. Estimated Uncollectible Accounts Age Interval Balance Percent Amount Not past due $3,250,000 0.8% 1-30 days past due 31-60 days past due 61-90 days past due 91-180 days past due Over 180 days past due Total 1,050,000 2.4 780,000 7.0 320,000 18.0 240,000 34.0 150,000 85.0 5,790,000 Check My Work 3:20 P