Mark's Contingence the folowing transactions for Year 1 its first year of operations, and Year 2. Assume that almos move the rear or payment of t for Your 1 1 Accd $65,000 by now. 2 Received $115,000 cash for providing services to customers & Borrowed $18.000 cash from dos 4 Paic expenses amounding to $57,000 Purchased land for 500,000 cash Transactions for Yes 2 Beginning account balances for Year 3 a Cass payable Common stock 4101,ree 10.000 05.000 38,000 1 Squired an additional $23,000 from the love of common stock 2. Received $13,000 for providing Pic $1,000 to create 4Pic experts into $72,000. SP $19.500 chided the da 6. Duted Required marks of $50,000. Record the effects of cach accounting cvent under the appropriate headings for each year Record the amounts of revenue expense, and cividends in the Retained Earnings column Provide appropriate titles for these accounts in the last column of the table. b. Prepare an income statement for each year accounting period. b-3.Propere statement of changes in stockholder equity for each year accounting period 3. Proper your-and forech your wounting prod b-4.Propaneesh faching pric c. Det of caah hatia in the account the end of Your and Year 2 Determine the balance in the Red Earnings account immediately after Event 2 in Your a recorded and after Event 2 in Your 2 coded Complete this question by entering your answers in the babe below. Reg 2 Prepetatement of cash flows for each year accounting period (Cath outflow should be indicated with a.) MARK'S CONSULTING SERVICES Statement of Cash Flows For the Year Ended Deer 31 Year 1 Cash few from opesa ngachivio Nethe Netch wha Cashewing schodov Net how a g Fading cashbac MARK'S CONSULTING SERVICES Stof For the Year Fra De 11, Year 2 $ D 0