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cer 1 Homework Question 3 of 5 < -/5 E Crane Lakes Park is a private camping ground near the Mount Miguel Recreation Area.

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cer 1 Homework Question 3 of 5 < -/5 E Crane Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2025. Service revenue (from camping fees) Sales revenue (from general store) $169,150 Dividends $13,320 29,850 Notes payable 74,000 Accounts payable 16,280 Expenses during 2025 153,120 Cash. Equipment 12,580 Supplies 8,140 168,720 Common stock 59,200 Retained earnings (1/1/2025) 7,400 (a) Determine Crane Lakes Park's net income for 2025. Crane Lakes Park's net income/(loss) for 2025 $ eTextbook and Media 20 82 938 FA 4 % 5 MacBook Air F5 FG 6 A FX DIL & 7 8 9 Fig

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