(a) Prepare a statement of income to determine how much Slip and Slide Ltd. earned in July, Slip and Slide Ltd. Statement of Income For the month of July, 2xxx $ $ Application Problem 1-12B a Josephine D'eau operates a water park called Slip and Slide Ltd. Her busiest months are April through September although, if the weather holds, she extends park access into October. For the month of July, she recorded the following items: 1. She paid $24,300 for employee wages and she spent $5,100 on promotional material. 2. Customers paid her $217,300 to access the water park in July and $6,100 to park their cars. She enticed customers to purchase advance tickets for the month of August and collected $35,800 for these advance ticket sales in the month of July. 3. She used chemical supplies to purify the water in July that cost $13,900. 4. She spent $6,500 for the use of water and $9,400 on electricity as the water park extended operating hours until midnight for the month of July. (a) Prepare a statement of income to determine how much Slip and Slide Ltd. earned in July. Slip and Slide Ltd. Statement of Income For the month of July, 2xxx