correct this:

Holloway Company earned $4,900 of service revenue on account during 2016. The company collected $4,165 cash from accounts receivable during 2016 Required Based on this information alone, determine the following for Holloway Company. (Hint: Record the events in general ledger accounts under an accounting equation before satisfying the requirements.) (Enter any decreases to account balances with a minus sign.) HOLLOWAY COMPANY Effect of Events on the 2016 Accounting Equation Stockholders' Equity Assets Liabilities + Event Accounts Receivable Common Retained Cash + + Stock Earnings Earned revenue Collected accounts receivable 4,900 4,900 + + 4,165 (4,165) + Ending balance 735 0+ 4,900 4,165 a. The balance of the accounts receivable that would be reported on the December 31, 2016, balance sheet. Accounts receivable $ 735 b. The amount of net income that would be reported on the 2016 income statement. Net income $4,900 c. The amount of net cash flow from operating activities that would be reported on the 2016 statement of cash flows. Net cash flow from operating activities $ 4,165 + II III + d. The amount of retained earnings that would be reported on the 2016 balance sheet. Retained earnings $ 4,900