Betty Harris is the sole owner of Cullumber Vista Park, a public camping ground near the Crater Lake National Recreation Area. Betty

has compiled the following financial information as of December $31,2022.$

$($a$)$

Determine Betty Harris's net income from Cullumber Vista Park for $2022.$

Net income $

$($b$)$

Prepare a balance sheet for Cullumber Vista Park as of Decernber $31,2022.($List Assets in order of liquidity$)$

Liabilities and Owner's Equity