Make sure to answer that question which is the first one.

Exercise 2-15A (Algo) Supplies, unearned revenue, and the financial statements model LO 25,27 Hart, Attorney at Law, experienced the following transactions in Year 1, the first year of operations: 1. Accepted $17,700 on April 1, Year 1 , as a retainer for services to be performed evenly over the next 12 months. 2. Performed legal services for cash of $62,000. 3. Purchased $1,450 of office supplies on account. 4. Paid $1,305 of the amount due on accounts payable. 5. Paid a cash dividend to the stockholders of $5,000. 6. Paid cash for operating expenses of $20,900. 7. Determined that at the end of the accounting period $120 of office supplies remained on hand. 8. On December 31, Year 1, recognized the revenue that had been earned for services performed in accordance with Transaction 1. Required Show the effects of the events on the financial statements using the following horizontal statements model. In the Cash Flows column, use OA to designate operating activity, FA for financing activity, IA for investing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. The first event has been recorded as an example. (Do not round intermediate calcul The following accounting events apply to Waddell Company's Year 2 fiscal year: Jan. 1 Acquired $46,00 cash from the issue of common stock. Feb. 1 Paid $5,706 cash in advance for a one-year lease for office space. Mar. 1 Paid a $1,69 cash dividend to the stockholders. April 1 Purchased additional land that cost $35, cash. May 1 Made a cash payment on accounts payable of $16,006. July 1 Received $8,40 cash in advance as a retainer for services to be performed monthly over the coming year. Sept. 1 Sold land for $19,0 cash that had originally cost $19,0. Oct. 1 Purchased $980 of supplies on account. Dec. 31 Earned $61,906 of service revenue on account during the year. 31 Received cash collections from accounts receivable amounting to $63,600. 31 Incurred other operating expenses on account during the year that amounted to $13, e0. 31 Recognized accrued salaries expense of $5,200. 31 Had $190 of supplies on hand at the end of the period. 31 The land purchased on April 1 had a market value of $32,0. 31 Recognized $125 of accrued interest revenue. Requlred Show the effects of the events on the financial statements using the following horizontal statements model. All questions pertain to Year 2 financial statements. a. What two additional adjusting entries need to be made at the end of the year? b. What amount would Waddell report for land on the balance sheet? c. What amount of net cash flow from operating activities would be reported on the statement of cash flows? d. What amount of rent expense would be reported on the income statement? e. What amount of total liabilities would be reported on the balance sheet? f. What amount of supplies expense would be reported on the income statement? g. What amount of unearned revenue would be reported on the balance sheet? h. What amount of net cash flow from investing activities would be reported on the statement of cash flows? 1. What amount of total expenses would be reported on the income statement? J. What total amount of service revenue would be reported on the income statement? k. What amount of cash flows from financing activities would be reported on the statement of cash flows? I. What amount of net income would be reported on the income statement? m. What amount of retained earnings would be reported on the balance sheet? X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Refer to the Accounting Equation and transaction information to answer questions B to M. (Do not round intermediate calculations. Enter cash outflows as negative amounts.)