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 $34,430 of cleaning services on account. 2. Collected $27,544 cash from accounts receivable. 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 $258 account receivable that was determined to be uncollectible. 2. Provided $40,180 of cleaning services on account. 3. Collected $35,559 cash from accounts recelvable, 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on occount. Required: a. Organize the transaction data in accounts under an accounting equation for each year. 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 4. (4) Net realizable value of accounts recelvable of the end of Year 1 . c. Determine the following amounts: (1) Net income for Year 2 . (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2