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Check my work Rosie Dry Cleaning was started on January 1 Year 1. It experienced the following events during its first two years of operation Events Affecting Year 1. Provided $30,020 of cleaning services on account 2. Collected $24,016 cash from accounts receivable. 3. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account OK snces Events Affecting Year 2 1. Wrote off a $225 account receivable that was determined to be uncollectible, 2. Provided $35,033 of cleaning services on account 3. Collected $31,004 cash from accounts receivable. 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Required 3. Organize the transaction data in accounts under an accounting equation for each year, b. Determine the following amounts: 1. (1) Net income for Year 1 2. (2) Net cash flow from operating activities for Year 1 3. (3) Balance of accounts receivable at the end of Year 1 4. (4) Net realizable value of accounts receivable at the end of Year 1 c. Determine the following amounts: save & Submit Check my work Required a. Organize the transaction data in accounts under an accounting equation for each year. b. Determine the following amounts: 1. (1) Net income for Year 1. 2. (2) Net cash flow from operating activities for Yeart 3. (3) Balance of accounts receivable at the end of Year 1. 4. (4) Net realizable value of accounts receivable at the end of Year 1 c. Determine the following amounts 1 (1) Net Income for Year 2 2. (2) Net cash flow from operating activities for Year 2 3. (3) Balance of accounts receivable at the end of Year 2. 4. (4) Net realizable value of accounts receivable at the end of Year 2. Complete this question by entering your answers in the tabs below. Check my work c. Determine the following amounts: 1. (1) Net income for Year 2. 2. (2) Net cash flow from operating activities for Year 2. 3. (3) Balance of accounts receivable at the end of Year 2 4. (4) Net realizable value of accounts receivable at the end of Year 2. Complete this question by entering your answers in the tabs below. Reg A1 Reg AZ Red B Reg C Determine the following amounts for the Year 1 accounting period. (Round your answers to nearest whole dollar amount) $ $ 29,670 42,016 Net income Not cash flow from operating activities Balance of accounts receivable Not realitzable value of accounts receivable Prev 1 of 6 Next > Velcome Tor Year 2. 2. (2) Net cash flow from operating activities for Year 2. 3. (3) Balance of accounts receivable at the end of Year 2. 4. (4) Net realizable value of accounts receivable at the end of Year 2. Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Req B Reqc Determine the following amounts for the Year 2 accounting period. (Round your answers to nearest whole dollar amount.) Net income Net cash flow from operating activities Balance of accounts receivable Net realizable value of accounts receivable