John Company expects to sell 48,660 units of finished goods over the next three-month period. The company has 21,590 units on hand and its managers want to have 27,340 units on hand at the end of the period. To produce one unit of finished product, 3 units of direct materials are needed. John has 106,510 units of direct material on hand and has budgeted for an ending inventory of 177,730 units. What is the amount of direct material to be purchased (in units)

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy.year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.