The following events occur for Morris Engineering during 2018 and 2019, its first two years of operations. February 2, 2018 Provide services to customers on account for $32,600. July 23, 2018 Receive $22,500 from customers on account. December 31, 2018 Estimate that 25% of uncollected accounts will not be received. April 12, 2019 Provide services to customers on account for $45,600. June 28, 2019 Receive $6,000 from customers for services provided in 2018. September 13, 2019 Write off the remaining amounts owed from services provided in 2018. October 5, 2019 Receive $40,500 from customers for services provided in 2019. December 31, 2019 Estimate that 25% of uncollected accounts will not be received.

1. Record transactions for each date. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.

3. Calculate the net realizable value of accounts receivable at the end of 2018 and 2019.