Mlo Enterprises issued S16 000 otcom mon stock whent ecompany was started nadation Ma co borrowed $42 bank on July 1. Year 1. The note had a 8 percent annual Interest rate and a one-year term to maturity. Malco Enterprises recognized $79100 of revenue on account In Year 1 and $91,200 of revenue on account In Year 2. Cash collections of accounts recelvable were $67,300 In Year 1 and $77,500 In Year 2 Malco pald $44.400 of other operating expenses In Year 1 and $51,000 of other operating expenses In Year 2. Malco repald the loan and Interest at the maturity date. Required Based on this Information given above, record the events In the accounting equation and answer the following questions. (Enter any decreases to account balances with a minus sign.) ENTERPRISES Effect of Events on the Financial Statements Balance Sheet Assets Liabilities +Stkholders Equity etain Notes unts Receivable Events Cash + able able Year 1 1. Com Stock 2. Loan 3. Rev 4. Coll. AR 5. Op. Exp. 6. Int. Acc. End. Bal. Year 2 Beg. Bal. 2. Coll. AR 3. Op. Exp. 4. Int. Acc. 5. Pay Int. & Prin End. Bal. a. What amount of Interest expense would Malco report on the Year 1 Income statement? b Wha amount of net cash flow from operating activities would Malco report on theYear 1 statement of cash flows? C. What amount of total liabllties would Makco report on the December 31, Year1, balance sheet? d. What amount of retaned earnings would Malco report on the December 31, Year1, balance sheet? e. What amount of net cash flow from financing activities would Malco report on the Year1 statement of cash flows? f. What amount of Interest expense would Malco report on the Year 2 Income statement? g. 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 pald a $2600 dvMdend during Year 2, what retalned earnings balance would It report on the December 31. Year 2, balance sheet? nterest expense b. Net cash flow from operating activities c Total liabilities d. Retained earnings Net cash flow from financing activities Interest expense g. Net cash flow from operating activities h Total assets Net cash flow from investing activities Retained earnings balance