Year 2: 1. Wrote off an uncollectible account for $2,640. 2. Provided $90,000 of services on account. 3. Provided $20,000 of services and collected cash. 4. Collected $72,000 cash from accounts receivable. 5. Paid $28,000 of salaries expense for the year. 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 7 percent of the ending accounts receivable balance will be uncollectible. cercise 7-7A (Algo) Part d 1. Organize the transaction data in accounts under an accounting equation for Year 2. 2. Prepare an income statement for Year 2. 3. Prepare the statement of changes in stockholders' equity for Year 2. 7. Prepare the balance sheet for Year 2. 5. Prepare the statement of cash flows for Year 2. 6. What is the net realizable value of the accounts receivable at December 31, Year 2?