Please do parts C and E and show work. If it is not clear, just zoom in on the photo.

5 Mark's Consulting experienced the following transactions for Year 1, its first year of operations, and Year 2. Assume that all transactions involve the receipt or payment of cash. Transactions for Year 1 1. Acquired $60,000 by issuing common stock. 2. Received $125,000 cash for providing services to customers. 3. Borrowed $21,000 cash from creditors. 4. Paid expenses amounting to $58,000. 5. Purchased land for $35,000 cash. Transactions for Year 2 Beginning account balances for Year 2 are: Cash Land Notes payable Common stock Retained earnings $113,000 35,000 21,000 60,000 67,000 additio $21 from the issue of common stock. 2. Received $132,000 for providing services. 3. Paid $16,000 to creditors to reduce loan. 4. Paid expenses amounting to $65,000. 5. Paid a $12,000 dividend to the stockholders. 6. Determined that the market value of the land is $45,000. Required a. Record the effects of each accounting event under the appropriate headings for each year. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide appropriate titles for these accounts in the last column of the table. b-1. Prepare an income statement for each year accounting period. b-2. Prepare a statement of changes in stockholders' equity for each year accounting period. b-3. Prepare a year-end balance sheet for each year accounting period. b-4. Prepare a statement of cash flows for each year accounting period. c. Determine the amount of cash that is in the retained earnings account at the end of Year 1 and Year 2. e. Determine the balance in the Retained Earnings account immediately after Event 2 in Year 1 is recorded and after Event 2 in Year 2 is recorded. Reg A Req B1 Reg B2 Reg B3 Req B4 Reqc ReqE Determine the amount of cash that is in the retained earnings account at the end of Year 1 and Year 2. Year 1 Year 2 $ 125,000 $ 132,000 Retained earnings Answer is not complete. Complete this question by entering your answers in the tabs below. Rega Req B1 Req B2 Req B3 Req B4 Reqc ReqE Determine the balance in the Retained Earnings account immediately after Event 2 in Year 1 is recorded and after Event 2 in Year 2 is recorded. Year 1 Year 2 67,000 $ 122,000 Retained earnings $