Michelle's Accounting Service began operation on January 1, 2013. The company experienced the following events for its first year of operations: 

Events Affecting 2013: 

1. Provided $96,000 of accounting services on account. 
2. Collected $80,000 cash from accounts receivable. 
3. Paid salaries of $32,000 for the year. 
4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,600. 

Required: 

a. Prepare general journal entries for the above events. 
b. Post the general journal entries to T-accounts. 
c. Prepare an income statement, balance sheet, and statement of cash flows for 2013.