f. What amount of unearned revenue would be reported on the balance sheet? g. What amount of net cash flow from investing activities would be reported on the statement of cash flows? h. What amount of total expenses would be reported on the income statement? i. What amount of service revenue would be reported on the income statement? j. What amount of cash flows from financing activities would be reported on the statement of cash flows? k. What amount of net income would be reported on the income statement? I. What amount of retained earnings would be reported on the balance sheet? Complete this question by entering your answers in the tabs below. Based on the preceding information, answer the following questions for Waddell Company. All questions pertain to the Year 2 financial statements. What amount would Waddell report for land on the balance sheet? What amount of net cash flow from operating activities would be reported on the statement of cash flows? (Enter cash outflows as negative amounts.) What amount of rent expense would be reported on the income statement? (Do not round intermediate calculations.) What amount of total liabilities would be reported on the balance sheet? What amount of supplies expense would be reported on the income statement? What amount of unearned revenue would be reported on the balance sheet? (Do not round intermediate calculations.) What amount of net cash flow from investing activities would be reported on the statement of cash flows? (Enter cash outfiows as negative amounts.) What amount of total expenses would be reported on the income siatement? (Do not round intermediate calculations.) What amount of service revenue would be reported on the income statement? (Do not round intermediate calculations.) What amount of cash flows from financing activities would be reported on the statement of cash flows? (Enter cash outflows as negative amounts.) What amount of net income would be reported on the income statement? (Do not round intermediate calculations.) What amount of retained earnings would be reported on the balance sheet? (Do not round intermediate calculations.) Problem 2-40A (Algo) Effect of events on financial statements LO 2-3, 2-8 Waddell Company had the following balances in its accounting records as of December 31 , Year 1. The following accounting events apply to Waddell Company's Year 2 fiscal year: January 1 Acquired $56,000 cash from the issue of comnon stock. February 1 Paid $5,460 cash in advance for a one-year lease for office 5 pace. March 1 Paid a $2,380 cash dividend to the stockholders. Aprit 1 Purchased additional land that cost $27,000 cash. May 1 Made a cash payment on accounts payable of $21,000. July 1 Received $7,000 cash in advance as a retainer for services to be performed monthly over the coming year. September 1 Sold tand for $19,000 cash that had originally cost $19,000. october 1 Purchased $1,840 of supplies on account. December 31 Earned $56,000 of service revenue on account during the year. December 31 Received cash collections fros accounts receivable anounting to $57,000. Deceaber 31 Incurred other operating expenses on account during the year that anounted to $11,090. Decenber 31 Recognized accrued sataries expense of $4,600. December 31 Had $170 of supplies on hand at the end of the period. December 31 The land purchased on April 1 had a narket value of $30,000. Required Based on the preceding information, answer the following questions for Waddell Company. All questions pertain to the Year 2 financial statements. (Hint: Enter items in general ledger accounts under the accounting equation before answering the questions) a. What amount would Waddell report for land on the balance sheet? b. What amount of net cash flow from operating activities would be reported on the statement of cash flows? c. What amount of rent expense would be reported on the income statement? d. What amount of total liabilities would be reported on the balance sheet? e. What amount of supplies expense would be reported on the income statement? f. What amount of unearned revenue would be reported on the balance sheet? What amount of rent expense would be reported on the income statement? (Do not round intermediate calculations.) What amount of total liabilities would be reported on the balance sheet? What amount of supplies expense would be reported on the income statement? What amount of unearned revenue would be reported on the balance sheet? (Do not round intermediate calculations.) What amount of net cash flow from investing activities would be reported on the statement of cash flows? (Enter cash outflows as negative amounts.) What amount of total expenses would be reported on the income statement? (Do not round intermediate calculations.) What amount of service revenue would be reported on the income statement? (Do not round intermediate calculations.) What amount of cash flows from financing activities would be reported on the statement of cash flows? (Enter cash outflows as negative amounts.) What amount of net income would be reported on the income statement? (Do not round intermediate calculations.) What amount of retained earnings would be reported on the balance sheet? (Do not round intermediate calculations.)