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Check At the beginning of Year 2, Better Corp's accounting records had the following general ledger accounts and balances Accounting Equation Event Liabilities Btockholders' Egulty Retained Earning Balance 01/01/Year 2 22,000 32,000 13,200 8,200 32,600 Better Corp. completed the following transactions during Year 2 Book int rint rences4. Paid cash operating expenses of $40,800. 1. Purchased land for $11,000 cash. 2. Acquired $37,000 cash from the issue of common stock 3. Received $76,000 cash for providing services to customers. 5. Borrowed $22,000 cash from the bank. 6. Paid a $11,000 cash dividend to the stockholders. 7. Determined that the market value of the land purchased in event 1 is $47000. Required a. Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and Retained Earnings column. Provide the appropriate tities for these eccounts in the last b. As of December 31, Year 2, determine the total amount of assets, liabilit the form of an accounting equation. c. What is the amount of total assets, liablities, and stockholders' equity as of January 1, Year 3? es, and stockholders' equity and present this information in Complete this question by entering your answers in the tabs below Next> 0 Prey 1 of 13