need help

During Year 2. Rustic Camp Sites experienced the following transactions: 1. RCS acquired $41.000 cash by issuing common stock 2. RCS received $125.000 cash for providing services to customers (leasing campsites) 3. RCS paid $22.000 cash for salaries expense 4. RCS paid a $9.900 cash dividend to the owners 5. RCS sold land that had cost $109,000 for $109.000 cash 6. RCS paid $56.000 cash for other operating expenses Required a. Record the transaction date in a horizontal financial statements model in the Cash Flow column, classify the cash flows as operating activities (OA) investing activities (IA), or tinancing activities (FA) The beginning balances have been recorded as an example Note that the revenue and expense accounts have a zero beginning balance Amounts in these accounts apply only to a single accounting period Revenue and expense account balances are not carried forward from one accounting period to the next c. What amount of net income will RCS report on the Year 2 income statement? d. What amount of total assets will RCS report on the December 31, Year 2, balance sheet? e. What amount of retained earnings will RCS report on the December 31 Year 2. balance sheet? f. What amount of net cash flow from operating activities will RCS report on the Year 2 statement of cash flows? Complete this question by entering your answers in the tabs below. a. Becord the transaction data na horizontal statements model in the Cash Flow column, the cash On The beginning balances have been recorded as an example. Note that the revenge and expects are better expense account balances are not cared forward from an accounting pen to the next for the thout ther of the Accounts for Schotell Show BUT CAMPER montant Note Payani 100001 Nene Deu 50000 00 Em 40.000 12900 . 2 + + . 4 . 5 + YO 000 ton 2000+ 100 c. What amount of net income will RCS report on the Year 2 income statement? d. What amount of total assets will RCS report on the December 31, Year 2, balance sheet? e. What amount of retained earnings will RCS report on the December 31, Year 2. balance sheet? f. What amount of net cash flow from operating activities will RCS report on the Year 2 statement of cash flows? C d Net income Total assets Retained earnings e