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Required information [The following information applies to the questions displayed below) Leach Inc. experienced the following events for the first two years of its operations Yeart: 1. Issued $10,000 of common stock for cash. 2. Provided $80,000 of services on account 3. Provided $31000 of services and received cash 4. Collected $49,000 cash from accounts receivable, 5. Pald $20,000 of salaries expense for the year, 6. 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: 1. Wrote off an uncollectible account for $700 2. Provided $100,000 of services on account. 3. Provided $25,000 of services and collected cash 4. Collected $82,000 cash from accounts receivable 5. Pald $32,000 of salaries expense for the year 6. 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. d-1. Organize the transaction data in accounts under an accounting equation 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. Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign on the Accounts Titles for Retained Earnings, leave the cell blank. Round your answers to the nearest whole dollar) LEACH INC. Accounting Equation for the Year 2 Equity Liabilities Common Retained Stock Earnings Assets NRV Accounts Recolvable Event Cash Accounting Titles for Retained Earnings Bal 1 2 3 5 6 Bal. Prepare an income statement for Year 2. (Round your intermediate calculations and final answers to th LEACH INC. Income Statement For the Year Ended December 31, Year 2 Operating expenses Total operating expenses