please help with the table
Malco Enterprises issued $15,500 of common stock when the company was started. In addition, Malco borrowed $47,000 from a local bank on July t, Year 1. The note had a 6 percent annual interest rate and a one-yeat term to maturity. Malco Enterprises recognized $78,000 of revenue on account in Year 1 and $91,800 of revenue on account in Yeat 2 . Cash collections of accounts recelvable were $63,500 in Year 1 and $73,700 in Year 2. Malco paid $44.500 of other operating expenses in Year 1 and $50,500 of other operating expenses in Year 2. Malco repaid the loan and interest at the maturity date. Required a. Organize the information in accounts under an accounting equalion. b. What amount of net cash flow from operating activities would be reported on the Year 1 cash flow statement? c. What amount of interest expense would be teported on the Year 1 income statement? d. What amount of total llabilities would be reported on the December 31, Year 1, bolance sheet? e. What amount of retalned earnings would be reported on the December 31, Year 1, balance sheet? f. What amount of cash flow from financing activities would be reported on the Year 1 statement of cash tlows? g. What amount of interest expense would be reported on the Year 2 income statement? h. What amount of cash flows from operating activities would be reported on the Year 2 cash flow statement? 1. What amount of assets woukd be reported on the December 31, Year 2, balance sheet? Complete this question by entering your answers in the tabs below. Organize the information in accounts under an accounting equation. (Fnter any decceases to dccount balances wath a minuc signi: Not alil cells will iequire entry) Organize the information in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. Not all cells will require entry.) b. What amount of net cash flow from operating activities would be reported on the Year 1 cash flow statement? c. What amount of interest expense would be reported on the Year 1 income statement? d. What amount of total liabilities would be reported on the December 31 , Year 1 , balance sheet? e. What amount of retained earnings would be reported on the December 31, Year 1 , balance sheet? f. What amount of cash flow from financing activities would be reported on the Year 1 statement of cash flows? 9. What amount of interest expense would be reported on the Year 2 income statement? h. What amount of cash flows from operating activities would be reported on the Year 2 cash flow statement? 1. What amount of assets would be reported on the December 31 , Year 2, balance sheet? (for all requirements, enter cash outflows as negotive amounts.)
