During Year 1 , Chung Corporation earned $6,700 of cash revenue and accrued $3,200 of salaries expense. Required Based on this information alone: a. Prepare the December 31, Year 1, balance sheet. b. Determine the amount of net income that Chung would report on the Year 1 income statement. c. Determine the amount of net cash flow from operating activities that Chung would report on the Year 1 statement of cash flows. Answer is not complete. Complete this question by entering your answers in the tabs below. Based on this information alone: (Not all cells require input. Enter any decreases to account balances with a minus sign.) a. Prepare the December 31, Year 1, balance sheet. b. Determine the amount of net income that Chung would report on the Year 1 income statement. c. Determine the amount of net cash flow from operating activities that Chung would report on the Year 1 statement of cash flows Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the December 31, Year 1, balance sheet