dam Karen White is the sole owner of Crane Vista Park, a public camping ground near the Crater Lake National Recreation Area, Karen has compiled the following financial information as of December 31, 2020 Revenues during 2020-camping fees Revenues during 2020-general store Accounts payable Cash on hand Original cost of equipment $187.236 86,931 14,711 30,760 141,096 Fair value of equipment Notes payable Expenses during 2020 Accounts receivable $187.236 80.244 200,610 23 404 la) Determine Karen White's net income from Crane Vista Park for 2020. Net income $ 73.557 (b) Prepare a balance sheet for Crane Vista Park as of December 31, 2020. (List Assets in order of liquidity) CRANE VISTA PARK Balance Sheet A S 4 % 5 & 7 2 3 6 8 9 0 W E R Y U S D F . K z c B N M