Can anyone help me to find out whats the error, I cant seem to figure it out, much thanks!

Golden Manufacturing Company started operations by acquiring $148,000 cash from the issue of common stock. On January 1. Year 1. the company purchased equipment that cost $138,000 cash, had an expected useful life of five years, and had an estimated salvage value of $13.800. Golden Manufacturing earned $99,950 and $67.850 of cash revenue during Year 1 and Year 2. respectively. Golden Manufacturing uses double-declining balance depreciation. Required a. Record the transactions in a horizontal statements model. b-1. Prepare income statements for Year 1 and Year 2. b-2. Prepare balance sheets for Year 1 and Year 2 b-3. Prepare statements of cash flows for Year 1 and Year 2. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A Reg B1 Inc Stmt Reg B2 Bal Sheet Req B3 Stmt Cash Flows + + Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net change in cash. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input. Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) Show less GOLDEN MANUFACTURING COMPANY Horizontal Statements Model Balance Sheet Income Statement Net Assets Stockholder's Equity Revenue - Expense Event Income Statement of Cash Book Flows Cash Value of Common Retained Stock Equipment Earnings Year 1 Issue stock 148,000 + 0 0 148,000+ 0 0 0 0- 0 0 148,000 FA v Purchase equipment (138,000) + 138,000 0 0 0 0 0 0| (138,000) IA Revenue 99,950+ 0 = 0+ 99,950 99,950 OE 99.950 99,950 Depreciation expense 0 0 0 0 0 (55.200) 55,200 E (55.200) 0 Balance 109,950 138,000 148.000 44.750 99,950 55,200 44.750 109,950 NC Year 2 Beg. bal. 109,950 82,800 = 148,000 + 44,750 0 0 = 0 0 Revenue 67,850 0 0 67,850 67.850 - 0 = 67,850 67,850 OA Depreciation expense 0 + 0 0 = 0+ (33.120) 0 (33,120) 0 End. bal. . 177,800 82,800 148,000 79,480 67.850 0 34,730 87,850 = = + = + = + + + = + + 0 = + = + = Golden Manufacturing Company started operations by acquiring $148.000 cash from the issue of common stock. On January 1. Year 1, the company purchased equipment that cost $138,000 cash, had an expected useful life of five years, and had an estimated salvage value of $13.800. Golden Manufacturing earned $99.950 and $67.850 of cash revenue during Year 1 and Year 2, respectively. Golden Manufacturing uses double-declining-balance depreciation. Required a. Record the transactions in a horizontal statements model. b-1. Prepare income statements for Year 1 and Year 2. b-2. Prepare balance sheets for Year 1 and Year 2 b-3. Prepare statements of cash flows for Year 1 and Year 2. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A Req B1 Inc Stmt Reg B2 Bal Sheet Req B3 Stmt Cash Flows Prepare income statements for Year 1 and Year 2. (Do not round intermediate calculations. Round the final answers to nearest dollar amount.) GOLDEN MANUFACTURING COMPANY Income Statements Year 1 Sales revenue $ 99,950 $ Depreciation expense 55,200 Net income IS 44,750 IS 00 Year 2 67,850 33,120 34,730 Golden Manufacturing Company started operations by acquiring $148.000 cash from the issue of common stock. On January 1. Year 1, the company purchased equipment that cost $138,000 cash, had an expected useful life of five years, and had an estimated salvage value of $13.800. Golden Manufacturing earned $99.950 and $67.850 of cash revenue during Year 1 and Year 2, respectively. Golden Manufacturing uses double-declining-balance depreciation. Required a. Record the transactions in a horizontal statements model. b-1. Prepare income statements for Year 1 and Year 2. b-2. Prepare balance sheets for Year 1 and Year 2 b-3. Prepare statements of cash flows for Year 1 and Year 2. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A Req B1 Inc Stmt Reg B2 Bal Sheet Req B3 Stmt Cash Flows Prepare balance sheets for Year 1 and Year 2. (Do not round intermediate calculations. Round the final answers to nearest dollar amount.) GOLDEN MANUFACTURING COMPANY Balance Sheets Year 1 Year 2 Assets Cash Equipment Less: Accumulated depreciation IS $ 109.950 177.800 138,000 138.000 (55,200) (88,320) S s 192.750 227.480 > > Total Assets Stockholders' equity Common stock Retained earnings S 148.000 44,750 0 S 192.750 $ 148.000 79,480 0 S 227.480 Total stockholders' equity Golden Manufacturing Company started operations by acquiring $148,000 cash from the issue of common stock. On January 1, Year 1, the company purchased equipment that cost $138.000 cash, had an expected useful life of five years, and had an estimated salvage value of $13.800. Golden Manufacturing earned $99.950 and $67.850 of cash revenue during Year 1 and Year 2. respectively. Golden Manufacturing uses double-declining-balance depreciation. Required a. Record the transactions in a horizontal statements model. b-1. Prepare income statements for Year 1 and Year 2. b-2. Prepare balance sheets for Year 1 and Year 2 b-3. Prepare statements of cash flows for Year 1 and Year 2. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg B1 Inc Rea B2 Bal Req B3 Stmt Reg A Stmt Sheet Cash Flows Prepare statements of cash flows for Year 1 and Year 2. (Amounts to be deducted and cash outflows should be indicated with a minus sign. Do not round intermediate calculations. Round the final answers to nearest dollar amount.) GOLDEN MANUFACTURING COMPANY Statements of Cash Flows Year 1 Year 2 Cash flows from operating activities Inflow from customers IS 99,950 87.850 Cash flows from investing activities Outflow to purchase equipment (138,000) 0 Cash flows from financing activities Inflow from stock issue 148,000 Net change in cash 109,950 67,850 Plus: Beginning cash balance 109,950 Ending cash balance $ 109,950 177.800 0