Roth Service Co. experienced the following transactions for Year 1, its first year of operations: 1. Provided $80,000 of services on account 2. Collected $50,400 cash from accounts receivable. 3. Paid $30,000 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 $15,500 0.01 0-30 5,500 0.05 31-60 3,800 0.10 61-90 1,100 0.30 Over 90 days 3,700 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 c. What is the net realizable value of the accounts receivable at December 31, Year 1? Complete this question by entering your answers in the tabs below. Required A Required B Required C Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank. Not all cells will require entry.)