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Required information [The following information applies to the questions displayed bejow] Leach Inc. experienced the following events for the first two years of its operations: Year 1: 1. Issued $10.000 of common stock for cash. 2. Provided $70,000 of services on account. 3. Provided $33,000 of services and received cash. 4. Collected $37,000 cash from accounts receivable. 5. Paid $16,000 of salaries expense for the year. 6. Adjusted the accounting records to reflect uncollectble accounts expense for the year, Leach estimates that 6 percent of the ending accounts recelvable balance will be uncollectible. Year 2: 1. Wrote off an uncolectible account for $2,630. 2. Prowided $90,000 of services on account. 3. Provided $15,000 of services and collected cash. 4. Collected $72.000 cash from accounts recelvable. 5. Paid $28,000 of salaries expense for the year: 6. Adjusted the bccounts to reflect uncollectible accounts expense for the year. Leach estimates that 6 percent of the ending accounts receivable balance will be uncollectible. | Prepare an income statement for Year 2. (Hound your intermediate calculations and final answers to the nearest whole dolia Prepare the statement of changes in stockholders' equity for Year 2. (Round your intermedlate calculations and finai answers to the nearest whole doliar.) Prepare the balance sheet for Year 2. (Round your intermediate calculations and final answers to the nearest whole dollac) Prepare the statement of cash flows for Year 2. (Amounts to be deducted and cash outflows should be indicated with a minus sig(g) d-1. Organize the transaction data in accounts under an accounting equation for Year 2. d-2. Prepare an income statement for Year 2. d-3. Prepare the statement of changes in stockholders' equity for Year 2. d-4. Prepare the balance sheet for Year 2 . d-5. Prepare the statement of cash flows for Year 2. d-6. What is the net realizable value of the accounts receivable at December 3 , Year 2? Complete this question by entering your answers in the tabs below. What is the net realizable value of the accounts recelvable at December 31 , Year 2 ? (Round your intermediate calculations and final answer to the nearest whole dollar)

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