Estimating doubtful accounts outlaw 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: estimate what the proper balance of the allowance for doubtful accounts should be as of december 31. outlaw bike co. estimation of uncollectible accounts december 31 age class balance percent uncollectible estimated uncollectible accounts amount not past due $616,000 3/4% $ 1-30 days past due 67,800 4% 31-60 days past due 30,800 9% 61-90 days past due 22,200 16% 91-180 days past due 16,000 40% over 180 days past due 11,700 65% total $764,500 $

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?