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Malco Enterprises issued $22.000 of comnon stock when the compsny was started, in addition. Maico bonrowed 548,000 from a local bank on July 1 Year

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Malco Enterprises issued $22.000 of comnon stock when the compsny was started, in addition. Maico bonrowed 548,000 from a local bank on July 1 Year 1 . The note had a 5 percent annasi interest rase and a cone-year tem to maturity. Malco Eniterprises recognized $55700 of tevenue an account in Yeor 1 and $97,200 of revenue on account in Year 2 Cash collections of sccounts receivable were $73,300 in Year 1 and $83,500 in Year 2 . Make pold $49,800 of other operating expenses in Year 1 and $57,000 of other operating espenses in Year 2 Malco repaid the loan and interest at the maturity date Required Based on this inlormation given above, record the events in the accounting equation and answer the following questions Note: Enter any decreases to account balances with a minus sign. a. What amount of interest expense would Malco report on the Year 1 income statement? b. What amount of net cash flow from operating activities would Malco report on the Year 1 statement of cash flows? c. What amount of total liabilities would Malco report on the December 31 , Year 1, balance sheet? d. What amount of retained earnings would Malco report on the December 31, Year 1, balance sheet? e. What amount of net cash flow from financing activities would Malco report on the Year 1 statement of cash flows? f. What amount of interest expense would Malco report on the Year 2 income statement? 9. What amount of net cash flow from operating activities would Malco report on the Year 2 statement of cash flows? h. What amount of total assets would Malco report on the December 31 , Year 2, balance sheet? i. What amount of net cash flow from investing activities would Malco report on the Year 2 statement of cash flows? j. If Malco Enterprises paid a \$3,200 dividend during Year 2, what retained earnings balance would it report on the December 31 , Year 2 , balance sheet

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