Help Mark's Consulting experienced the following transactions for Year 1, its first year of operations, and Year 2. Assume that all transactions involve the receipt or payment of cash. Transactions for Year 1. 1. Acquired $60,000 by issuing common stock. 2. Received $125,000 cash for providing services to customers. 3. Borrowed $21,000 cash from creditors. 4. Paid expenses amounting to $58,000. 5. Purchased land for $35,000 cash. Transactions for Year 2 Beginning account balances for Year 2 are: Cash $113,000 Land 35,000 Notes payable 21,000 Common stock 60,000 Retained earnings 67,000 1. Acquired an additional $21,000 from the issue of common stock. 2. Received $132,000 for providing services. 3. Paid $16,000 to creditors to reduce loan. 4. Paid expenses amounting to $65,000. 5. Paid a $12,000 dividend to the stockholders. 6. Determined that the market value of the land is $45,000. Required a. Record the effects of each accounting event under the appropriate headings for each year. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide appropriate titles for these accounts in the last column of the table. b-1. Prepare an income statement for each year accounting period. b-2. Prepare a statement of changes in stockholders' equity for each year accounting period.