Holloway Company started operations on January 1, Year 1. During Year 1, Holloway earned $9,600 of service revenue and collected $8,160 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.) Note: Enter any decreases to account balances with a minus sign. HOLLOWAY COMPANY Effect of Events on the Year 1 Horizontal Financial Statements Event Eamed revenue Collected accounts receivable Ending balance Assets Cash Accounts Receivable Stockholders' Equity Liabilities + Common Stock Retained Earnings + + + a. The balance of the accounts receivable that would be reported on the December 31, Year 1, balance sheet. Accounts receivable b. The amount of net income that would be reported on the Year 1 income statement. Net income c. The amount of net cash flow from operating activities that would be reported on the Year 1 statement of cash flows. Net cash flow from operating activities d. The amount of retained earnings that would be reported on the Year 1 balance sheet. Retained earnings