Problem: Module 2 Textbook Problem 6 Learning Objectives: - 2-3 Use the percent of receivables method to estimate the uncollectible accounts expense - 2-4 Use aging of accounts receivable to estimate the uncollectible accounts expense Roth Service Co. experienced the following transactions for Year 1 , its first year of operations: 1. Provided $66,000 of services on account. 2. Collected $36,000 cash from accounts receivable. 3. Paid $30,000 of salaries expense for the year. 4. Roth adjusted the accounts using the following information from an accounts receivable aging schedule: Required a. Organize the transaction data in accounts under an accounting equation. b. Prepare an income statement for Roth Service Co. for Year 1. c. What is the net realizable value of the accounts receivable at December 31, Year 1