At the beginning of Year 2, Better Corp's accounting equation showed the following accounts and balances: Accounting Titles for Retained Earnings Event Assets BETTER CORP. Accounting Equation Liabilities Stockholders' Equity Totes Common Retained Payable Stock Earnings 13,400 8,400 36,200 Balance 1/1/Year 2 Cash 24,000 Land 34.000 Better Corp. completed the following transactions during Year 2 1. Purchased land for $12,000 cash. 2. Acquired $39.000 cash from the issue of common stock 3. Received $78,000 cash for providing services to customers 4. Paid cash operating expenses of $40,600, 5. Borrowed $24,000 cash from the bank 6. Paid a $12,000 cash dividend to the stockholders 7. Determined that the market value of the land purchased in event is $49,000. Required a. Record the transactions in the accounting equation for Year 2 Record the amounts of revenue, expense, and dividends in the Retained Earnings column Provide the appropriate titles for these accounts in the last column of the table b. As of December 31, Year 2, determine the total amount of assets, liabilities, and stockholders' equity and present this information in the form of an accounting equation c. What is the amount of total assets, liabilities, and stockholders' equity as of January 1 Year 3? ReqA Reg Band Record the transactions in the accounting equation for Year 2. Record the amounts of revenue, expense, and dividends in the Retained Ear Provide the appropriate titles for these accounts in the last column of the table. (Enter any decreases to account balances with a minus sig effect on the Accounts Titles for Retained Earnings, leave the cell blank. Not all cells require input.) Accounting Equation Accounting Equation for Year 2 Event Assets Liabilities Stockholders' Equity Accounts Titles for Notes Cash Retained Land Common Retained Earnings Payable Stock Earnings Balance 1/1/Year 2 24,000+ 34.000 13,400+ 8,400 + 36.200 . + 1 2 3 4 5 6 7 Totals 24,000+ 34.000 13.400 8,400+ 36 200 Req Band C > Complete this question by entering your answers in the tabs below. Reg A Reg B and C As of December 31, Year 2, determine the total amount of assets, liabilities, and stockholders' equity and present this information in the form of an accounting equation. What is the amount of total assets, liabilities, and stockholders' equity as of January 1 Year 37 Assets Liabilities Stockholders Equity ces