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 Account Cash Balance $ 34,400 Accounts receivable Accounts payable Common stock Retained earnings 26,900 10,000 32,600 12,700 The following events apply to Oak Consulting for Year 2: 1. Provided $74,900 of services on account. 2. Incurred $2,600 of operating expenses on account. 3. Collected $49,700 of accounts receivable. 4. Paid $32,400 cash for salaries expense. 5. Paid $11,340 cash as a partial payment on accounts payable. 6. Paid a $8,200 cash dividend to the stockholders. b & d. Post the beginning balances and the transactions from Parts a and d to the appr Cash Beg. Bal 34,400 3. 49,700 End. Bal 84,100 Accounts Receivable Beg. Bal 74,900 49,700 End. Bal 25,200 Accounts Payable Common Stock Beg. Bal Beg. Bal 11,340 2,600 2