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Rosie Dry Cleaning was started on January $1,$ Year $1.$ It experienced the following events during its first two years of operation:

Events Affecting Year $1$

Provided $$31,320$ of cleaning services on account.

Collected $$25,056$ cash from accounts receivable.

Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be $1$ percent of the cleanin revenue on account.

Events Affecting Year $2$

Wrote off a $$235$ account receivable that was determined to be uncollectible.

Provided $$36,550$ of cleaning services on account.

Collected $$32,347$ cash from accounts receivable.

Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be $1$ percent of the cleanin revenue on account.

Required:

a$.$ Organize the transaction data in accounts under an accounting equation for each year.

b$.$ Determine the following amounts:

$(1)$ Net income for Year $1.$

$(2)$ Net cash flow from operating activities for Year $1.$

$(3)$ Balance of accounts receivable at the end of Year $1.$

$(4)$ Net realizable value of accounts receivable at the end of Year $1.$

c$.$ Determine the following amounts:

$(1)$ Net income for Year $2.$

$(2)$ Net cash flow from operating activities for Year $2.$

$(3)$ Balance of accounts receivable at the end of Year $2.$

$(4)$ Net realizable value of accounts receivable at the end of Year $2.$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Req A$1$

Req A$2$

Req B

Req C

Determine the following amounts for the Year $2$ accounting period.

Note: Round your answers to nearest whole dollar amount.

$\backslash$table$[[$Net income,$$36,185*$

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