Brief Exercise $5-11($Static$)$ Calculate uncollectible accounts using the aging method $($LO$5-5)$

Brief Exercise $5-11($Static$)$ Calculate uncollectible accounts using the aging

method $($LO$5-5)$

Williamson Distributors separates its accounts receivable into three age groups for purposes of

estimating the percentage of uncollectible accounts.

Accounts not yet due $=$$$40,000$; estimated uncollectible $=5\%.$

Accounts $1$ to $30$ days past due $=$$$11,000$; estimated uncollectible $=20\%.$

Accounts more than $30$ days past due $=$$$5,000$; estimated uncollectible $=30\%.$

Compute the total estimated uncollectible accounts.