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Dakota Company experienced the following events duning Year 2 1. Acquired $15.000 cash from the issue of common stock. 2. Pald $25,000 cash to purchase land. 3. Borroved $5,000 cash. 4. Provided services for $50.000 cash. 5. Paid $2.000 cosh for utaities expense. 6. Paid $37.500 cash for other operating expenses. 7. Paid a $2,500 cash dividend to the stockholders. 8. Determined that the market value of the land purchased in Event 2 is now $29,000 Required o. The January 1. Year 2. general ledger account balances are shown in the following accounting equation. Record the eight events in the appropriate general kedger accounts. Record the amounts of revenue, expense, and dividends in the Retairied Earnings columin. Provide the approptiate tities for these occounts in the last column of the table. The first event is shown as an exactpie. b-1. Prepate an income statement for the Yeat 2 accounting period b-2. Prepare a statennent of changes in equity for the Year 2 accounting period. b-3. Prepare a year-end balance sheet for the Year 2 accounting perioct b.4. Ptepare a statement of cashi flows for the Year 2 accounting perlod. c-1. Determine the percentage of asseets that were provided by retained earnings. c-2. Can you determine the cash in retained earnings? Complete this question ty entering your answers in the tabs below. Prepare a statement of cash flows for the Year 2 accounting period. (Cash outflows should be indicated with a minus sign. Complete this question by entering your answers in the tabs below. Determine the percentage of assets that were provided by retained earnings. (Round your answer to 1 decimal place.) Complete this question by entering your answers in the tabs below. Can you determine the cash in retained earnings

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