Golden Manufacturing Company started operations by acquiring $133,000 cash from the issue of common stock. On January 1, Year 1 , the company purchased equipment that cost $123,000 cash, had an expected useful life of five years, and had an estimated salvage value of $12,300. Golden Manufacturing earned $90,140 and $65,130 of cash revenue during Year 1 and Year 2 , respectively. Golden Manufacturing uses double-declining-balance depreciation. Required a. Record the transactions in a horizontal statements model. b-1. Prepore 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. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, use the initials OA to designate operating activity activity, and NC for net change in cash. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input. Do Round your final answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Prepare income statements for Year 1 and Year 2. (Do not round intermediate calculations. Round the final answers to nea dollar amount.) Complete this question by entering your answers in the tabs below. Prepare balance sheets for Year 1 and Year 2. (Do not round intermediate calculations. Round the final answers to neare dollar amount.) Complete this question by entering your answers in the tabs below. Prepare statements of cash flows for Year 1 and Year 2. (Amounts to be deducted and cash outflows should be indicat a minus sign. Do not round intermediate calculations. Round the final answers to nearest dollar amount.)