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1 The following information was drawn from the accounting records of Wyckoff Company as of December 31, Year 2, before the temporary accounts had been closed. The Cash balance was $2,570, and Notes Payable amounted to $27,950. The company had revenues of $3,860 and expenses of $2,860. The company's Land account had an $4,500 balance. Dividends amounted to $650. There was $1,400 of common stock issued. Required a. Identify which accounts would be classified as permanent and which accounts would be classified as temporary. ok Account Classification Cash Notes payable nt Revenues Expenses Land ences Dividends Common stock Retained earnings b. Assuming that wyckoff's beginning balance (as of January 1, Year 2) in the Retained Earnings account was $3,500, determine its balance after the temporary accounts were closed at the end of Year 2 Ending retained eamings c. What amount of net income would Wyckoff Company report on its Year 2 income statement? Net income