Listed below are several transactions that took place during the first two years of operations for the law firm Pete, Pete, and Roy In addition, you learn that the company incurred utility costs of$34,000 in year 1, that there were no liabilities at the end of year 2. no anticipated bad debts on receivables, and that the insurance policy covers a three-year period. Required Calculate the net operating cash flow for years 1 and 2. Prepare an income statement for each year according to the accrual accounting model