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 $$30,460$ of cleaning services on account.

$2.$ Collected $$24,368$ 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 $$228$ account receivable that was determined to be uncollectible.

$2.$ Provided $$35,547$ of cleaning services on account.

$3.$ Collected $$31,459$ 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 $2($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 $1.$

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 near

$\backslash$table$[[$Cash$,],[$Year $1,,,],[,,,],[,,,],[$Bal$.,,,],[$Year $2,,,],[,,,],[,,,],[$End$.$ Bal.,,,$]]$ C$.$ Repeat Requirement b for the Year $2$ accounting period.