Holloway Company started operations on January 1, Year 1. During Year 1, Holloway earned $9,700 of service revenue and collecte $8,245 cash from accounts receivable. Required Based on this information alone, determine the following for Holloway Company. (Hint: Record the events in a horizontal financial statements model before satisfying the requirements.) (Enter any decreases to account balances with a minus sign.) points eBook Print Reterences HOLLOWAY COMPANY Effect of Events on the Year 1 Horizontal Financial Statements Assets -LiabilitiesStockholders Equity Event CashAccounts Cash Receivable Common Stock Retained Eaned revenue Collected accounts receivable Ending balance o. The balance of the accounts recelvable that would be reported on the December 31, Year 1, balance sheet. points b. The amount of net income that would be reported on the Year 1 income statement Print Reterences e. The amount of net cash flow from operating activities that would be reported on the Year 1 statement of cash flows. d. The amount of retained earnings that would be reported on the Year 1 balance sheet