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 $27,620 of cleaning services on account. 2. Collected $22,096 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 $207 account receivable that was determined to be uncollectible. 2. Provided $32,233 of cleaning services on account. 3. Collected $28,526 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. Required A Required B Required C Record the events for Year 1 and Year 2 in T-accounts. (Round your answers to nearest whole dollar.) Cash Retained Earnings Year 1 Beg. Bal. End. Bal. Bal. Year 2 End. Bal. Accounts Receivable Service Revenue Year 1 Year 1 Bal. Bal. Year 2 Year 2 End. Bal. End. Bal. Allowance for Doubtful Accounts Uncollectible Accounts Expense Year 1 Year 1 Bal. Bal. Year 2 Year 2 End. Bal. End. Bal.