Required information [The following information applies to the questions displayed below.] At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts. The following events apply to Oak Consulting for Year 2: 1. Provided $67,800 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $45,300 of accounts recelvable. 4. Paid $33,400 cash for salaries expense. 5. Paid $14,940 cash as a partial payment on accounts payable. 6. Paid a $8.100 cash dividend to the stockholders. b. \& d. Post the beginning balances and the transactions from Part a to the appropriate accounts. Later, post the closing entries from Part d. c. Show the beginning balances and the transactions in a horizontal statements model. (Enter any decreases to account bolonces and cosh outflows with a minus sign. In the Statement of Cash Flows column, use the initials OA to designote operating octivity, IA for investing activity, FA for financing activity, and NC for net change in cash. Not all cells require input.) f. Prepare a post-closing trial balance. e. What is the amount of change in retained earnings for the year? Record the closing entry for revenues. Note: Enter debits before credits. Journal entry worksheet Record the closing entry for expenses. Note: Enter debits before credits. Journal entry worksheet Record the closing entry for dividends. Note: Enter debits before credits. -1. Record the closing entries in the general journal (and post them to -2. What is the amount of net income for the year? Complete this question by entering your answers in the tabs bel What is the amount of net income for the year