Susans Consulting experienced the following transactions for 2014, its first year of operations, and 2015. Assume that all transactions involve the receipt or payment of cash.

Transactions for 2014

1.	Acquired $65,000 by issuing common stock.
2.	Received $115,000 cash for providing services to customers.
3.	Borrowed $18,000 cash from creditors.
4.	Paid expenses amounting to $57,000.
5.	Purchased land for $40,000 cash.

Transactions for 2015

Beginning account balances for 2015 are:

Cash	$	101,000
Land		40,000
Notes payable		18,000
Common stock		65,000
Retained earnings		58,000

1.	Acquired an additional $23,000 from the issue of common stock.
2.	Received $133,000 for providing services.
3.	Paid $13,000 to creditors to reduce loan.
4.	Paid expenses amounting to $72,000.
5.	Paid a $13,500 dividend to the stockholders.
6.	Determined that the market value of the land is $50,000.

Required
a.	Record the effects of each accounting event under the appropriate headings for each year. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide appropriate titles for these accounts in the last column of the table. (Enter any decreases to account balances with a minus sign. Select "NA" if there is no effect on the "Account Titles for Retained Earnings".)

b-1.	Prepare an income statement for each year accounting period.

b-2.	Prepare a statement of changes in stockholders equity for each year accounting period.

b-3.	Prepare a year-end balance sheet for each year accounting period.

b-4.	Prepare a statement of cash flows for each year accounting period. (Amounts to be deducted should be indicated with a minus sign.)

c.	Determine the amount of cash that is in the retained earnings account at the end of 2014 and 2015.

e.	Determine the balance in the Retained Earnings account immediately after Event 2 in 2014 and in 2015 are recorded.