[The following information applies to the questions displayed below.) Leach Inc. experienced the following events for the first two years of its operations: Year 1: 1. Issued $10,000 of common stock for cash. 2. Provided $78,000 of services on account. 3. Provided $36,000 of services and recelved cash. 4. Collected $69,000 cash from accounts receivable. 5. Paid $38,000 of salaries expense for the year. 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. Year 2: 1. Wrote off an uncollectible account for $650. 2. Provided $88,000 of services on account. 3. Provided $32,000 of services and collected cash. 4. Collected $81,000 cash from accounts receivable. 5. Pald $65,000 of salaries expense for the year . 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. Organize the transaction dato in accounts under an accounting equation d-2. Prepare an Income statement for Year 2 d-3. Prepare the statement of changes in stockholders equity for Year 2 d-4. Prepare the balance sheet for Yoar 2. d-5. Prepare the statement of cosh flows for Year 2. d-6. What is the not realizable value of the accounts receivable at December 31, Year 2? Reg DI Reg D2 Reg D3 Reg D4 Reg DS Reg D6 Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign on the Accounts Titles for Retained Earnings, leave the cell blank. Round your answers up to the nearest whole dollar.) LEACH INC. Accounting Equation for the Year 2 Equity Liablities Common Retained Stock Earnings + Assets NRV Accounts Receivable Event Accounting Titles for Retained Earnings Cash Bal 1 2 3 +++++ 4 5. + + 6. Bal 0 + HD Req D2 > Complete this question by entering your answers in the tabs below. Reg D5 Reg D6 Reg D1 Req D2 Reg D4 Reg D3 Prepare an income statement for Year 2. (Round your answers to nearest whole dollar LEACH INC. Income Statement For the Year Ended December 31, Year 2 Operating expenses 0 Total operating expenses Complete this question by entering your answels in Req B3 Reg D4 Reg D5 Req D6 Req D2 Req D1 Prepare the statement of changes in stockholders' equity for Year 2. (Round your answers to near LEACH INC. Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 2 Beginning common stock $ Ending common stock 0 Beginning retained earnings 0 Ending retained earings Total stockholders' equity $ 0 Complete this question by entering your answers in the tabs below. Reg D4 Reg D5 Reg D6 Reg D1 Reg D2 Req D3 Prepare the balance sheet for Year 2. (Round your answers to nearest whole dollar amour LEACH INC. Balance Sheet As of December 31, Year 2 Assets 0 $ 0 Total assets Liabilities Stockholders' equity 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0 Prepare the statement of cash flows for Year 2. (Cash outflows should be india nearest whole dollar amount.) LEACH INC. Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities $ 0 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net change in cash 0 Ending cash balance $