I can't figure out how to calculate the values needed for the Year 2 Portion. Please show all work and answers

5 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 eBook 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. Print Transactions for Year 2 Beginning account balances for Year 2 are: Cash Land Notes payable Common stock Retained earnings $113,000 35,000 21,000 60,000 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. b-3. Prepare a year-end balance sheet for each year accounting period. b-4. Prepare a statement of cash flows for each year accounting period. c. Determine the amount of cash that is in the retained earnings account at the end of Year 1 and Year 2. e. Determine the balance in the Retained Earnings account immediately after Event 2 in Year 1 is recorded and after Event 2 in Year 2 is recorded. Complete this question by entering your answers in the tabs below. Req A Reg B1 Reg B2 Req B3 Req B4 Reg C Reg E Prepare a year-end balance sheet for each year accounting period. MARK'S CONSULTING SERVICES Balance Sheet As of December 31, Year 1 Assets Cash Land $ 113,000 35,000 $ 148,000 Total assets Liabilities Notes payable $ 21,000 $ 21,000 Total liabilities Stockholders' Equity Common stock Retained earnings 60,000 67,000 Total stockholders' equity Total liabilities and stockholders' equity 127,000 $ 148,000 MARK'S CONSULTING SERVICES Balance Sheet As of December 31, Year 2 Assets Cash Land $ 0 Total assets Liabilities Notes payable $ 0 Total liabilities Stockholders' Equity Common stock Retained earnings 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0