Golden Manufacturing Company started operations by acquiring $126,000 cash from the issue of common stock. On January 1, Year 1, the company purchased equipment that cost $116,000 cash, had an expected useful life of five years, and had an estimated salvage value of $11,600. Golden Manufacturing earned $90,090 and $63,300 of cash revenue during Year 1 and Year 2, respectively. Golden Manufacturing uses double-declining-balance depreciation. Required a. Record the above transactions in a horizontal statements model. b-1. Prepare income statements for Year 1 and Year 2. b-2. Prepare balance sheets for Year 1 and Year 2. b-3. Prepare statements of cash flows for Year 1 and Year 2.