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Leach Inc. experienced the following events for the first two years of its operations:

2016:
1.	Issued $26,000 of common stock for cash.
2.	Provided $95,600 of services on account.
3.	Provided $52,000 of services and received cash.
4.	Collected $85,000 cash from accounts receivable.
5.	Paid $54,000 of salaries expense for the year.
6.	Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 4 percent of the ending accounts receivable balance will be uncollectible.

2017:
1.	Wrote off an uncollectible account for $750.
2.	Provided $104,000 of services on account.
3.	Provided $48,000 of services and collected cash.
4.	Collected $97,000 cash from accounts receivable.
5.	Paid $81,000 of salaries expense for the year.
6.	Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 4 percent of the ending accounts receivable balance will be uncollectible. Please fill in these forms. Actions for 2017:

LEACH INC Balance Sheet As of December 31, 2016 Assets Cash Accounts receivable Less: Allowance for doubtful accounts 0 Total assets Liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 0 0

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