Year 2: 1. Wrote off an uncollectible account for $740. 2. Provided $130,000 of services on account, 3. Provided $25,000 of services and collected cash. 4. Collected $112,000 cash from accounts receivable. 5. Paid $30,000 of salaries expense for the year. 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 6 percent of the ending accounts receivable balance will be uncollectible. b. Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Year 1. Complete this question by entering your answers in the tabs below. Req B Inc Stmt Req 8 Stmt Se Reg B Bal Reg B Stmt Cash Flows Sheet Prepare an Income statement for Year 1. LEACH INC Income Statement For the Year Ended December 31, Year 1 Operating expenses Total operating expenses 0 Reg Sm SE > Year 2: 1. Wrote off an uncollectible account for $740. 2. Provided $130,000 of services on account, 3. Provided $25,000 of services and collected cash. 4. Collected $112,000 cash from accounts receivable. 5. Paid $30,000 of salaries expense for the year. 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 6 percent of the ending accounts receivable balance will be uncollectible. b. Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Year 1. Complete this question by entering your answers in the tabs below. Req B Inc Stmt Req 8 Stmt Se Reg B Bal Reg B Stmt Cash Flows Sheet Prepare an Income statement for Year 1. LEACH INC Income Statement For the Year Ended December 31, Year 1 Operating expenses Total operating expenses 0 Reg Sm SE > b. Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Year 1. Complete this question by entering your answers in the tabs below. Req B Inc Reg B Stmt SE Req B Bal Reg B Stmt Sunt Sheet Cash Flows Prepare the statement of changes in stockholders' equity for Year 1. LEACH INC. Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock Ending common stock $ 0 Beginning retained earnings Ending retained comings Total stockholders equity Regine St Rog B Bal Sheet > Complete this question by entering your answers in the tabs below. Req B Stmt Se Reg B Bal Req B Inc Req B Stmt Stmt Sheet Cash Flows Prepare the statement of cash flows for Year 1. (Amounts to be deducted should be indicated with a minus sign.) LEACH INC Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities $ 0 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Inflow for issue of common stock Net change in cash 0 Ending cash balance $ 0