[The following information applies to the questions displayed below.) Leach Inc. experienced the following events for the first two years of its operations: 2018 1. Issued $10,000 of common stock for cash. 2. Provided $110,000 of services on account. 3. Provided $27,000 of services and received cash! 4. Collected $83,000 cash from accounts receivable. 5. Paid $12,000 of salaries expense for the year. 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 9 percent of the ending accounts receivable balance will be uncollectible. 2019: 1. Wrote off an uncollectible account for $740. 2. Provided $130,000 of services on account. 3. Provided $15,000 of services and collected cash. 4. Collected $112,000 cash from accounts receivable. 5. Paid $20,000 of salaries expense for the year. 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 9 percent of the ending accounts receivable balance will be uncollectible. a. 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.) LEACH INC. Accountita Equation for the Year 2018 Equity Liabilities + Common Retained Allowance stock Earnings Event Assets Accounts Recolvable Accounting Titles for Retained Earnings + Cash + + 1. 2 3 + + + + 4 5 6. + + Bal