Roth Service Co. experienced the following transactions for Year 1, its first year of operations: 1. Provided $76,000 of services on account. 2. Collected $45,400 cash from accounts receivable. 3. Paid $32,000 of salaries expense for the year. 4. Roth adjusted the accounts using the following information from an accounts receivable aging schedule: Percent Likely to Be Allowance Number of Days Past Due Amount Uncollectible Balance Current $16,900 0.01 0-30 5,300 0.05 31-60 3,700 0.10 61-90 1,600 0.30 Over 90 days 3,100 0.50 Required a. Organize the transaction data in accounts under an accounting equation. b. Prepare an income statement for Roth Service Co. for Year 1 menuhin at Ancombe 21 Vene 12