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Leach Incorporated experienced the following events for the first two years of its operations: Year 1 : Issued $ 1 0 , 0 0 0

Leach Incorporated experienced the following events for the first two years of its operations:
Year 1:
Issued $10,000 of common stock for cash.
Provided $70,000 of services on account.
Provided $25,000 of services and received cash.
Collected $45,000 cash from accounts receivable.
Paid $16,000 of salaries expense for the year.
Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
Year 2:
Wrote off an uncollectible account for $2,740.
Provided $90,000 of services on account.
Provided $25,000 of services and collected cash.
Collected $72,000 cash from accounts receivable.
Paid $26,000 of salaries expense for the year.
Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
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 31, Year 2?

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