Leach Incorporated 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 $78,000 of services on account 3. Provided $36,000 of services and recelved cash. 4. Collected $69,000 cash from accounts recelvable 5. Pald $38,000 of salarles expense for the year 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts recelvable balance will be uncollectible 7. Closed the revenue account. 8. Closed the expense accounts Year 2 1. Wrote off an uncollectible account for $650 2. Provided $88,000 of services on account. 3. Provided $32,000 of services and collected cash. 4. Collected $81,000 cash from accounts recelvable. 5. Pald $65,000 of salarles expense for the year. 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts recelvable balance will be uncollectible. 7. Closed the revenue account. 8. Closed the expense accounts xercise 7-7A (Static) Part d R Record the Year 2 events in general journal form and post them to T-accounts. Prepare the Income statement, statement of changes stockholders' equity, balance sheet, and statement of cash flows for Year 2 . What is the net realizable value of the accounts ecelvable at December 31 , Year 2