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Solve for (4) please Rosie Dry Cleaning was started on January 1 , Year 1 . It experienced the following events during its first two

Solve for (4) please
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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 $26,470 of cleaning services on account. 2. Collected $21,176 cash from accounts recelvable. 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 $199 account receivable that was determined to be uncollectible. 2. Provided $30,890 of cleaning services on account. 3. Collected $27,338 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 Taccounts. 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 recelvable 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, * Answer is not complete. 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.)

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