Carla Vista, Inc. has the following financial information as at December 31, 2021: Camping revenue $333,940 Cash 22,420 Equipment 146,320 Accounts payable 19,470 Bank loan payable 59,000 Income tax expense 11,800 Dividends declared 14.160 Operating expenses 289,100 Supplies 2,950 Common shares, Jan. 1 35,400 Common shares issued during year 17,700 Retained earnings, Jan. 1 21,240