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0/4 1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect Helen Martin is the sole owner of Ivanhoe Vista

0/4 1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect Helen Martin is the sole owner of Ivanhoe Vista Park, a public camping ground near the Crater Lake National Recreation Area. Helen has compiled the following financial information as of December 31, 2022 Revenues during 2022-camping fees $172.564 Fair value of equipment $172.564 Revenues during 2022-general store 80.119 Notes payable 73,956 Accounts payable 13.559 Expenses during 2022 184,890 Cash on hand 28.350 Accounts receivable 21,570 Original cost of equipment 130,039 (a) 18:27 AM (a) Determine Helen Martin's net income from Ivanhoe Vista Park for 2022. Net income (b) Prepare a balance sheet for Ivanhoe Vista Park as of December 31, 2022. (List Assets in order of liquidity) IVANHOE VISTA PARK Balance Sheet Assets Prepare a balance sheet for Ivanhoe Vista Park as of December 31, 2022. (List Assets in order of liquidity) IVANHOE VISTA PARK Balance Sheet Assets Liabilities and Owner's Equity hp . 9000 eTextbook and Media Liabilities and Owner's Equity $ 2940 10:25 AM 5/10/2002

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