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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 $$60,000$ of services on account.

Provided $$31,000$ of services and received cash.

Collected $$29,000$ cash from accounts receivable.

Paid $$18,000$ of salaries expense for the year.

Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that $7$ percent of the ending accounts receivable balance will be uncollectible.

Year $2$:

Wrote off an uncollectible account for $$2,730.$

Provided $$80,000$ of services on account.

Provided $$30,000$ of services and collected cash.

Collected $$62,000$ cash from accounts receivable.

Paid $$24,000$ of salaries expense for the year.

Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that $7$ percent of the ending accounts receivable balance will be uncollectible.