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Current Attempt in Progress Wildhorse Corporation is a private camping ground near the Lathor Peak Recreation Area. It has compiled the following financial information as

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Current Attempt in Progress Wildhorse Corporation is a private camping ground near the Lathor Peak Recreation Area. It has compiled the following financial information as of December 31, 2022 Service revenue $171,600 Dividends declared $11.700 General store revenue 32,500 Bank loan payable 65,000 Accounts payable $ 14,300 Salaries expense 115.700 Cash 11.050 Office expense 28.600 Equipment 148.200 Supplies 3.250 Income tax expense 6,500 Common shares (1/1/2022) 6,500 Supplies expense 16,900 Retained earnings (1/1/2022) 6,500 Additional information: $45,500 of common shares were issued during the year ch O 30C Mostly cloudy 6 of 7 Additional information: $45,500 of common shares were issued during the year. (a) Prepare a statement of income for Wildhorse Corporation for the year ended December 31, 2022. WILDHORSE CORPORATION Statement of income $ O 0: 17 30C Most

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