Rosie Dry Cleaning was started on January $1,$ Year $1.$ It experienced the following events during its first two years of operation. Complete this question by entering your answers in the tabs below.

Required A

Required B

Required $C$

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.$)$ Required A

Required B Complete this question by entering your answers in the tabs below.

Required A

Required B

Required $C$

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 $1.$Complete this question by entering your answers in the tabs below.

Repeat Requirement b for the Year $2$ accounting period. $($Round your intermediate calculations to nearest whole dollar.$)$

$(1)$ 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 $2$

$(4)$ Net realizable value of accounts receivable at the end of Year $2$

Events Affecting Year $1$

Provided $$31,680$ of cleaning services on account.

Collected $$25,344$ cash from accounts receivable.

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 $2$

Wrote off a $$238$ account receivable that was determined to be uncollectible.

Provided $$36,971$ of cleaning services on account.

Collected $$32,719$ cash from accounts receivable.

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.