The following accounting events apply to Waddell Company's Year 2 fiscal year: Jan. 1 Acquired \$42, eae cash from the issue of comnon stock. Feb. 1 paid $5,709 cash in advance for a cone-ycar lease for office space. Mar. 1 Paid a $2,6e9 cash dividend to the stockholders. Apr. 1 Purchased additional land that cost \$34, eea cash. May 1 Made a cash paynent on accounts payable of $14, eed. July 1 Received $8,6ed cash in advance as a retainer for scrvices to be perforned nonthly over the coning year. sept. 1 sold land for $22, eae cash that had originally cost $22, eae. Det. 1 Purchased $1, e10 of supplics on account. Dec. 31 Earned $69, eae of service revenue on account during the year. 31 Received cash collections from accounts receivable anounting to $52,000. 31 Incurred other operating expenses on account during the year that anounted to $14, eae. 31 Recognized accrued salaries expense of $4,5eg. 31 Had $160 of supplies on hand at the end of the period. 31 The land purchased on April 1 had a rarket value of $44, eae. Required Based on the preceding information, onswer the following questions for Woddell Compony. All questions pertain to the Year 2 finsncial statements. (Hint. Enter items in general ledger accounts under the occounting equation before snswering the questions.) a. What amount would Woddell report for land on the balance sheet? b. What omount of net cash flow from operating activities would be reported on the statement of cash flows? c. What amount of rent expense would be reported on the income statement? d. What amount of total liabilities would be reported on the balance sheet? e. What omount of supplies expense would be reported on the income statement? f. What amount of unesrned revenue would be reported on the bolance sheet? g. What amount of net cssh flow from investing sctivities would be reported on the statement of cosh flows? h. What amount of total expenses would be reported on the income statement? l. What smount of service revenue would be reported on the income statement? 1. What smount of cosh flows from finsncing sctivities would be reported on the statement of cosh flows? k. What smount of net income would be reported on the income statement? I. What smount of retained earnings would be reported on the balance sheet? Complete this question by entering your answers in the tabs below. The following accounting events apply to Woddell Company's Year 2 fiscol year: Jan. 1 Acquired $42, eae cash from the issue of comnan stock. Feb. 1 Paid $5,700 cash in advance for a one-year lease for office space. Mar. 1 paid a $2,680 cash dividend to the stockholders. Apr- 1 Purchased additional land that cost $34, eea cash. May 1 Made a cash paynent on accounts payable of $14, eed. July 1 Received $8,680 cash in advance as a retainer for services to be perforned monthly aver the coming year. sept. 1 sold land for $22, eee cash that had originally cost $22, eae. Det. 1 Purchased $1, eile of supplics on account. Dec. 31 Earned $69, eae of service revenue on account during the year. 31 Received cash collections from accounts receivable anounting to $52, ebe. 31 Incurred other operating expenses on sccount during the year that anounted to $14, eae. 31 Recognized accrued salaries expense of $4,5ea. 31 Had $16e of supplies on hand at the end of the period. 31 The land purchased on April 1 had a market value of $44, eae. Required Based on the preceding information, onswer the following questions for Woddell Company. All questions pertain to the Year 2 financial statements. (Hint. Enter items in general ledger accounts under the occounting equation before snswering the questions.) a. What amount would Woddell report for land on the balance sheet? b. What amount of net cssh flow from operating activities would be reported on the statement of cash flows? c. What amount of rent expense would be reported on the income statement? d. What amount of total lisbilities would be reported on the balance sheet? e. What amount of supplies expense would be reported on the income statement? f. What amount of unearned revenue would be reported on the balance sheet? g. What amount of net cash flow from investing sctivities would be reported on the statement of cash flows? h. What amount of total expenses would be reported on the income statement? l. What smount of service revenue would be reported on the income statement? 1. What amount of cash flows from financing sctivities would be reported on the statement of cash flows? k. What amount of net income would be reported on the income statement? l. What amount of retained earnings would be reported on the bolance sheet? Complete this question by entering your answers in the tabs below. What amount would Waddell report for land on the balance sheet? What amount of net cash flow from operating activities would be reported on the statement of cash flows? (Enter cash outflows as negative amounts.) What amount of rent expense would be reported on the income statement? (Do not round intermediate calculations.) What amount of total liabilities would be reported on the balance sheet? What amount of supplies expense would be reported on the income statement? What amount of unearned revenue would be reported on the balance sheet? (Do not round intermediate calculations.) What amount of net cash flow from investing activities would be reported on the statement of cash flows? (Enter cash outllows as negative amounts.) What amount of total expenses would be reported on the income statement? (Do not round intermediate calculations.) What amount of service revenue would be reported on the income statement? (Do not round intermediate calculations.) What amount of cash flows from financing activities would be reported on the statement of cash flows? (Enter cash outflows as negative amounts.) What amount of net income would be reported on the income statement? (Do not round intermediate calculations.) What amount of retained earnings would be reported on the balance sheet? (Do not round intermediate calculations.)