Hoimes Cleaning Service began operation on January 1. Year 1. The company experlenced the following events for its first year of operations: Events Affecting Year 1: 1. Provided $150,000 of cleaning services on account. 2. Collected $112,500 cash from accounts recetvable. 3. Paid salanes of $36,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,500. The expense was determined using the percent of revenue method. Required: 0. Organize the transaction data in accounts under an accountung equation. b. Prepare an income statement, a balance sheet, and a statement of cash flows for Year 1 . \begin{tabular}{|l|l|l|l|l|} \hline & \\ \hline Assets \\ \hline Total assets \\ \hline Liabilities \\ \hline Stockholders' Equity & & & \\ \hline Total liabilities and stockholders' equity & & 0 \\ \hline \end{tabular} Hoimes Cleaning Service began operation on January 1. Year 1. The company experlenced the following events for its first year of operations: Events Affecting Year 1: 1. Provided $150,000 of cleaning services on account. 2. Collected $112,500 cash from accounts recetvable. 3. Paid salanes of $36,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,500. The expense was determined using the percent of revenue method. Required: 0. Organize the transaction data in accounts under an accountung equation. b. Prepare an income statement, a balance sheet, and a statement of cash flows for Year 1 . \begin{tabular}{|l|l|l|l|l|} \hline & \\ \hline Assets \\ \hline Total assets \\ \hline Liabilities \\ \hline Stockholders' Equity & & & \\ \hline Total liabilities and stockholders' equity & & 0 \\ \hline \end{tabular}