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I got most of the problem correct but I do not know how to get utility expense. thank you education.com/activity question on Saved Check my

I got most of the problem correct but I do not know how to get utility expense. thank you
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education.com/activity question on Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Helo 2 Exercise 1-2 (Algo) Accrual accounting (L01-2) 0.9 points Listed below are several transactions that took place during the second and third years of operations for the RPG Company Amounts bulled to customers for services rendered Year Cash collected from credit customers $260.000 $360,000 Cash disbursements 170,000 310,00 Payment of rent 71,000 0 Salaries paid to employees for services rendered during the year 131,000 151.000 Utilities 21,000 31.000 Advertising 10.500 In addition, you learn that the company incurred advertising costs of $16,000 in year 2. owed the advertising agency $4100 at the end of year 1, and there were no liabilities at the end of year 3. Also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 2 Required: 1. Calculate accrual net income for both years. 2. Determine the amount due the advertising agency that would be shown as a Babilty on RPG's balance sheet at the end of year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Graw be here to search BE 71F Partly cloudy Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate accrual net income for both years. Year 2 $ 200,000 Year 3 300.000 $ Revenues Expenses Rent Salaries Utilities Advertising Net income 35,500 131 000 21.000 10,500 62 000 X 5 35,500 151.000 31,000 10,400 120 100 $ Required 2 > 1

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