Use the following information for the next 3 questions. Below are some of the account balances for Broadway Pizza at December 31st, Year 1 (all accounts have their normal debitor credit balances-for example, Cash has a debit balance): Account Accounts receivable Accumulated depreciation Allowance for doubtful (uncollectible) accounts Bond payable Cash Common stock Depreciation expense Dividends Equipment Goodwill Loss on sale of equipment Operating expenses Sales revenue Unearned revenue Warranty claims payable Balance $472 $126 $21 $352 $208 $773 $277 $52 $501 $179 $43 $295 $855 $25 $14 1. Based on the information provided, what is the amount of Net Income to be reported for the year ended 12/31/Year 1? O $240 $419 O $265 O $188 O $219 2. Based on the information provided, what is the amount of Total Assets to be reported on 12/31/Year 1? Warranty claims payable $14 1. Based on the information provided, what is the amount of Net Income to be reported for the year ended 12/31/Year 1? O $240 O $419 O $265 O $188 O $219 2. Based on the information provided, what is the amount of Total Assets to be reported on 12/31 Year 1? O $1,465 O $1,234 O $1,213 $1,034 O $1,255 3. Based on the information provided, what is the amount of Total Liabilities to be reported on 12/31/Year 1? O $412 O $464 O $486 O $366 O $391