Listed below are several transactions that took place during the second and third years of operations for the RPG Company. Year 2 Year 3 $360,000 $460,000 270,000 410,000 Amounts billed to customers for services rendered Cash collected from credit customers Cash disbursements: Payment of rent Salaries paid to employees for services rendered during the year Utilities Advertising 81,000 141,000 31,000 15,500 161,000 41,000 36,000 In addition, you learn that the company incurred advertising costs of $26,000 in year 2, owed the advertising agency $5,100 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