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Required information [The following information applies to the questions displayed below.] Leach Incorporated experienced the following events for the first two years of its operations. Year 1: 1. Issued $21,000 of common stock for cash. 2. Provided $90,100 of services on account. 3. Provided $47,000 of services and received cash. 4. Collected $80,000 cash from accounts receivable. 5. Paid $49,000 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. 7. Closed the revenue account. 8. Closed the expense accounts. Year 2: 1. Wrote off an uncollectible account for $1,200. 2. Provided $99,000 of services on account. 3. Provided $43,000 of services and collected cash. 4. Collected $92,000 cash from accounts receivable. 5. Paid $76,000 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. 7. Closed the revenue account. 8. Closed the expense accounts. d. Record the Year 2 events in general journal form and post them to T-accounts. Prepare the income statement, statement of chang in stockholders' equity, balance sheet, and statement of cash flows for Year 2. What is the net realizable value of the accounts receivable at December 31, Year 2? Answer is not complete. Complete this question by entering your answers in the tabs below. Record the Year 2 events in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amounts.) st the Year 2 events to T-accounts. (Round your answers to the nearest whole dollar amounts.) Prepare the income statement for Year 2 . (Round your answers to the nearest whole dollar amounts.) Prepare the statement of changes in stockholders' equity for Year 2. Prepare the balance sheet for Year 2. (Enter amounts to be deducted with a minus sign. Round your answers to the nearest whole dollar amounts.) Prepare the statement of cash flows for Year 2. (Enter cash outflows with a minus sign.) What is the net realizable value of the accounts receivable at December 31 , Year 2 ? (Round your answer to the nearest whole dollar amounts.)