In addition, you learn that the company incurred advertising costs of $29,000 in year 2 , owed the advertising agency $5,400 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 3. Required: 1. Calculate accrual net income for both years. 2. Determine the amount due the advertising agency that would be shown as a liability on RPG's balance sheet at the end of year 2 . Complete this question by entering your answers in the tabs below. Calculate accrual net income for both years