Rosle 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 $28,610 of cleaning services on account 2. Collected $22,888 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 $215 account receivable that was determined to be uncollectible. 2. Provided $33,388 of cleaning services on account. 3. Collected $29,548 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 ancluding 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 (3) Balance of accounts receivable at the end of ears (4) Net realizable value of accounts receivables the end of Year c. Repeat Requirement bfor the Year 2 accounting period. Record the events for Year 1 and Year 2 (including closing entries for Year 1) in T-accounts. (Round your answers to nearest whole a Cash Retained Earnings Year 1 Beg Bal End Bal Bal Year 2 End, Bal Accounts Receivable Service Revenue Year Year Ba Year 2 Bal Yes End: 83 Allowance for Doubtful Accounts Uncollectible Accounts Expense Year 1 BA Year 2 ya Cos II Nex (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 recelvable at the end of Year 1. c. Repeat Requirement b for the Year 2 accounting period. 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. (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 (4) Net realizable value of accounts receivable at the end of Year 1 Required A Required c> 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 recelyable at the end of Year 1. c. Repeat Requirement bfor the Year 2 accounting period. Complete this question by entering your answers in the tabs below. Required A Required B Required 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