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 $32,610 of cleaning services on account. 2. Collected $26,088 cash from accounts recelvable. 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 $245 account receivable that was determined to be uncollectible. 2. Provided $38,056 of cleaning services on account. 3. Collected $33,680 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 (including closing entries for Year 1 ) 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 Requirement b for the Year 2 accounting period. Complete this question by entering your answers in the tabs below. \begin{tabular}{l|l|l} Required A & Required B Required C \\ \hline \end{tabular} Record the events for Year 1 and Year 2 (including closing entries for Year 1) in T-accounts. (Round your answers to nearest whole dollar.) \begin{tabular}{|l|l|l|l|} \hline Year 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline Bal. & & & \\ \hline Year 2 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Accounts Recelvable } \\ \hline Year 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline Bal. & & & \\ \hline Year 2 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Bear 1 & & & \\ \hline Year 2 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Allowance for Doubtful Accounts } \\ \hline Year 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline Bal. & & & \\ \hline Year 2 & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Uncollectible Accounts Expense } \\ \hline Year 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline Bal. & & & \\ \hline Yoar 2 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} (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 Requirement b for the Year 2 accounting period. Complete this question by entering your answers in the tabs below. Determine the following amounts: (Round your intermediate calculations to nearest whole dollar.) (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 recelvable at the end of Year 1. Complete this question by entering your answers in the tabs below