Bulldog Auto Service was started on January 1, 2014. The company experienced the following events during its first two years of operation:

Events Affecting 2014

1. Provided $45,000 of repair services on account.

2. Collected $32,000 cash from accounts receivable.

3.Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the service revenue on account.

Events Affecting 2015

1. Wrote off a $320 account receivable that was determined to be uncollectible.

2. Provided $65,000 of repair services on account.

3. Collected $66,000 cash from accounts receivable.

4.Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the service revenue on account.

b.Determine the following amounts for the 2014 accounting period.

Net income	$44,550
Net cash flow from operating activities	$32,000
Balance of accounts receivable

c.Determine the following amounts for the 2015 accounting period.

Net income
Net cash flow from operating activities
Balance of accounts receivable