The following events occur for The Benson Corporation during 2024 and 2025, its first two years of operations. June 12, 2024 Provide services to customers on account for $30,200. September 17, 2024 Receive $16,000 from customers on account. December 31, 2024 Estimate that 40% of accounts receivable at the end of the year will not be received. March 4, 2025 Provide services to customers on account for $45,200. May 20, 2025 Receive $10,000 from customers for services provided in 2024. July 2, 2025 Write off the remaining amounts owed from services provided in 2024. October 19, 2025 Receive $36,000 from customers for services provided in 2025. December 31, 2025 Estimate that 40% of accounts receivable at the end of the year will not be received.

1. Provide services to customers on account for $30,200.