Rosle Dry Cleaning wes started on January 1, Year 1. t experienced the following events during its first two years of operation: Events Affecting Year 1 1. Provided $31,420 of cleaning services on account. 2. Collected $25,136 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. 1. Wrote off a $236 account receivable that was determined to be uncollectible. 2. Provided $36,667 of cleaning services on account. 3. Collected $32,450 cash from accounts receivable. d the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Required a. Organize the transaction data in accounts under an accounting equation. b. Determine the following amounts: 1. (1) Net income for Year 1. 2. (2) Net cash flow from operating activities for Year 1. 3. (3) Balance of accounts recelvable at the end of Year 1. 4. (4) Net realizable value of accounts receivable at the end of Year 1 c. Determine the following amounts: 1. (1) Net income for Year 2. 2. (2) Net cash flow from operating activities for Year 2 3. (3) Balance of accounts receivable at the end of Year 2. 4. (4) Net realizable value of accounts receivable at the end of Year 2 cOuDle at the end of Year 2. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B Req C Organize the transaction data in accounts under an accounting equation for Year 2. (Enter any decreases minus sign. Select "NA" if there is no effect on the "Accounts Titles for Retained Earnings" Round your an numbers.) ROSIE DRY CLEANING Accounting Equation for the Year 2 Balance Sheet Assets Equity Retained Earnings Event Accounts Titles for Retained Earnings Cash Accounts Receivable "Allowance Bal. 1. 2. 3. 4. Bal. unm uperating activities 3. (3) Balance of accounts recelvable at the end of Year 2. 4. (4) Net realizable value of accounts receivable at the end of Year 2. for Year 2. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req C Determine the following amounts for the Year 1 accounting period. (Round your answers to nearest whole do Net income Net cash flow from operating activities Balance of accounts receivable Net realizable value of accounts receivable KReq A2 Req C > 3. (3) Balance of accounts receivable at the end of Year 2 4. (4) Net realizable value of accounts receivable at the end of Year 2. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B Determine the following amounts for the Year 2 accounting perlod. (Round your answers to nearest Net income Net cash flow from operating activities Balance of accounts receivable Net realizable value of accounts receivable K Req B