Rosie Dry Cleaning was started on January 1, Year 1, It experienced the following events during its first two years of operation: Events Affecting Year 1 1. Provided $28,390 of cleaning services on account. 2. Collected 3. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Events Affecting Year 2 1. Wrote off a $213 account receivable that was determined to be uncollectible. 2. Provided $33,131 of cleaning services on account 3. Collected $29,321 cash from accounts receivable 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Required a. Record the events for Year 1 and Year 2 in T-accounts. b. Determine the following amounts: (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts receivable at the end of Year 1. (4) Net realizable value of accounts receivable at the end of Year 1 c. Repeat Requirements b for the Year 2 accounting period 30