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 $28,340 of cleaning services on account. 2. Collected $22,672 cash from accounts receivable. 3. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the clean revenue on account, Events Affecting Year 2 1. Wrote off a $213 account receivable that was determined to be uncollectible. 2. Provided $33,073 of cleaning services on account. 3. Collected $29,270 cash from accounts receivable. 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleanin revenue on account. Required a. Organize the transaction data in accounts under an accounting equation for each year. b. Determine the following amounts. 1. (1) Net income for Year 1. 2 (2) Net cash flow from operating activities for Year 1, 3. (3) Balance of accounts receivable at the end of Year 1.Required a. Organize the transaction data in accounts under an accounting equation for each year. b. Determine the following amounts: 1. (1) Net Income for Year 1. 2. (2) Net cash flow from operating activities for Year 1. 3. (3) Balance of accounts receivable at the end of Year 1. 4. (4) Net realizable value of accounts receivable at the end of Year 1. c. Determine the following amounts: 1. (1) Net income for Year 2. 2. (2) Net cash flow from operating activities for Year 2. 3. (3) Balance of accounts receivable at the end of Year 2. 4. (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below. Req Al Reg A2 Req B Reg C Organize the transaction data in accounts under an accounting equation for year 2. (Enter any decreases to account balances with a minus sion. If there is no effect on the Accounts Titles for Retained Earnings. leave the cell blank, Not all cells willComplete this question by entering your answers in the tabs below. Req Al Req A2 Req B Reg C Organize the transaction data in accounts under an accounting equation for year 2. (Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank. Not all cells will require entry. Round your answers to the nearest whole dollar.) ROSIE DRY CLEANING Accounting Equation for the Year 2 Balance Sheet Event Assets Equity Accounts Titles for Retained Cash NRV Accounts Retained Earnings Receivable Earnings Bal 33.073 33.073 2 3 Ball + 33 073 = 33.073 Complete this question by entering your answers in the tabs below. Req Al Reg AZ Reg B Req C Determine the following amounts for the Year 1 accounting period. (Round your answers to nearest whole dollar amount.) Net Income Net cash flow from operating activities Balance of accounts receivable Net realizable value of accounts receivable Complete this question by entering your answers in the tabs below. Req Al Reg A2 Reg B Req C Determine the following amounts for the Year 2 accounting period. (Round your answers to nearest whole dollar amount.) Net income Net cash flow from operating activities Balance of accounts receivable Net realizable value of accounts receivable