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 $$90,000$ of services on account.

Provided $$29,000$ of services and received cash.

Collected $$61,000$ 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 $6$ percent of the ending accounts receivable balance will be uncollectible.

Year $2$:

Wrote off an uncollectible account for $$680.$

Provided $$110,000$ of services on account.

Provided $$20,000$ of services and collected cash.

Collected $$92,000$ 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 $6$ percent of the ending accounts receivable balance will be uncollectible.