The following list of accounts was drawn from the accounts of Little Grocery Supplier (LGS) as of December 31, Year 1: Transactions for Year 2 1. Acquired an additional $9,200 cash from the issue of common stock. 2. Purchased $59,000 of inventory on account. 3. Sold inventory that cost $62,800 for $96,300. Sales were made on account. 4. The company wrote off $1,230 of uncollectible accounts. 5. On September 1, LGS loaned $7,000 to Eden Co. The note had an 7 percent interest rate and a one-year term. 6. Paid $14,180 cash for operating expenses. 7. The company collected $84,540 cash from accounts receivable. 8. A cash payment of $53,370 was paid on accounts payable. 9. The company paid a $4,800 cash dividend to the stockholders. 10. Uncollectible accounts are estimated to be 2 percent of sales on account. 11. Recorded the accrued interest at December 31 , Year 2 (see item 5). Required a. Organize the transaction data in accounts under an accounting equation. b. Prepare an income statement, a statement of changes in stockholders' equity, a balance sheet, and a statement of cash flow Year 2. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Organize the transaction data in accounts under an accounting equation. (Do not round intermediate calculations. Enter any decreases to account balances with a m Titles for Retained Earnings, leave the cell blank. Not all cells will require entry. Round your final answers to the nearest whole dollar.) Prepare an income statement for Year 2. (Enter all final answers in whole dollars