Vulcan Service Company experienced the following transactions for Year 1 , its first year of operations: 1. Provided $84,000 of services on account. 2. Collected $50,400 cash from accounts receivable. 3. Paid $30,000 of salaries expense for the year. 4. Adjusted the accounts using the following information from an accounts receivable aging schedule: Required o. Record the given transactions in general journal form and post to T-accounts. b. Prepare the income statement for Vulcan Service Company for Year 1. c. What is the net realizable value of the accounts recelvable at December 31, Year 1 ? Post the entries to the T-accounts. (Round your intermediate calculations and final answers to nearest whole doltar.) Allowance for Doubtful Accounts Beginning Balance Ending Balance Prepare the income statement for Vulcan Service Company for Year 1 . (Round your intermediate calculat answers to nearest whole dollar.) Required a. Record the given transactions in general journal form and post to T-accounts. b. Prepare the income statement for Vulcan Service Company for Year 1. c. What is the net realizable value of the accounts recelvable at December 31, Year 1 ? Complete this question by entering your answers in the tabs below. What is the net realizable value of the accounts receivable at December 31,Y ear 1 ? (Round your intermediate calculations and final answer to nearest whole dollar.)