Check my work 2 Yard Designs (YD) experienced the following events in Year 1. its first year of operation: 1. On October 1, Year 1. Yo collected $54,000 for consulting services it agreed to provide during the next 12 months. 2. Adjusted the accounts to reflect the amount of consulting service revenue recognized in Year 1. 1 points eBook Required Based on this information alone: a. Record the events under an accounting equation b. Prepare an income statement, balance sheet, and statement of cash flows for the Year 1 accounting period. C. Ignoring all other future events, what is the amount of service revenue that would be recognized in Year 2? Print References Complete this question by entering your answers in the tabs below. Reg Req B1 Inc Strut Reg B2 Bal Sheet Reg 33 CF Smit Reqc Ignoring all other future events, what is the amount of service revenue that would be recognized in Year 2? (Do not round Intermediate calculations.) Service revenue to be recognized in Year 2