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 received 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. Paid $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 data in accounts under an accounting equation for Year 2. 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 Year 2. d-5. Prepare the statement of cash flows for Year 2. d-6. What is the net realizable value of the accounts receivable at December 31, Year 2? Complete this question by entering your answers in the tabs below. Required information Reg D1 Req D2 Req D3 Reg D4 Reg D5 Req D6 Organize the transaction data in accounts under an accounting equation for Year 2. (Enter any decreases to account balances with a minus sign. Not all cells "Accounts Titles for Retained Earnings" column may require an input - leave cells blank if there is no corresponding Retained Earnings input needed.) LEACH INC. Accounting Equation for the Year 2 Equity Liabilities Common Retained Allowance stock Earnings Event Assets Accounts Receivable Cash Accounting Titles for Retained Earnings + Bal 1 2 3 4 + + 5 6. Bal 0 0 + 0 Reg D2 > ! Required information Req D1 Req D2 Req D3 Req D4 Reg DS Reg D6 Prepare an income statement for Year 2. (Round your answers to nearest whole dollar amount.) LEACH INC. Income Statement For the Year Ended December 31, Year 2 Operating expenses Total operating expenses 0 Required information Req D1 Reg D2 Reg D3 Req D4 Reg D5 Reg D6 Prepare the statement of changes in stockholders' equity for Year 2. (Round your answers to nearest whole dollar amount.) 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 Ending retained earnings Total stockholders' equity 0 0 $ S COMO SONO VERSOS Required information Req 01 Req D2 Req D3 Reg D4 Req D5 Reg D6 Prepare the balance sheet for Year 2. (Round your answers to nearest whole dollar amount.) 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 LOMDIR EN CUESTIONE IN VOur answers in ene DS DR. Required information Reg D1 Req D2 Req D3 Req D4 Reg D5 Req D6 Prepare the statement of cash flows for Year 2. (Amounts to be deducted should be indicated with a minus sign. Round your answers to 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 0 ILOILOILILIL VI LURUHJILLVILLE MURYUI LUI. Required information wu. TYROL IS UIL CUILLOUIL, VITU URUT OLLUT ILECIVOLI LUCCIC IICUT Complete this question by entering your answers in the tabs below. Req DS Reg D6 Reg D1 Req D2 Req D3 Reg D4 What is the net realizable value of the accounts receivable at December 31, Year 27 (Round your answer to nearest whole dollar amount.) Net realizable value