1. Accuired $25.000 cash from the issue of common stock 2. Paid $10.000 cash to purchase land 3. Barrowed $10.000cash 4. Provided services for $35.000 cash 5. Paid $2.000 cash for ublities expense. 6. Paid $20,000 cash for other operating expenses: 7. Paid a $4,000 cash dividend to the stocikhelders. 8. Determined that the market value of the land purchased in Event 2 is now $15.000. Required: a. The January 1, Yoar 2, account balances are shown in the following accounting equation. focord the eight events in the anpropriate accounts under an accounting equation. Resord the amounts of revenuer expense, and dividends in the Retained Earnings column. Provide the appropriate teles for these occounts in the last column of the tabie. The first event is shown as an exampie. b-1. Prepare an income statement for the Year 2 accounting peniod. b.2. Prepare a statement of changes in equity for the Year 2 accounting poriod: b.3. Prepare a year-end balance sheet for the Year 2 accounting period b-4. Prepare a statement of cash flows for the Year 2 accounting period e-1. Determine the percentage of assets that were provided by retained earnings. 6-2. Does the retained eaening baiance rofiect the amount of cash that the compiany has available to pay dividends? d. Bosed on the December 3t, Year 2 , batance sheet, what is the largest cash dividend Dakota could pay? Complete this question by entering your answers in the tabs below. The January 1, Year 2, account baiances are shown in the following accounting equatick, Record the eight events in the appropriate acceunts under an accounting equation