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 . Provided $30,520 of cleaning services on account. 9.09 points 2. Collected $24,416 cash from accounts receivable. Sklpped3. Adusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account eBook Events Affecting Year 2 Prini 1. Wrote off a $229 account recelvable that was determined to be uncollectible 2. Provided S35.617 of cleaning services on account 3. Collected $31,521 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 activitles 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 9.09 points 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 receivable at the end of Year 1 Skipped Book Print Reterences Show less (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