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determine sharon lees net income from carla vista park for 2020. Assignment Gradebook ORION Downloadable eTextbook Exercise 1-14 (Video) Sharon Lee is the sole owner

determine sharon lees net income from carla vista park for 2020. image text in transcribed
Assignment Gradebook ORION Downloadable eTextbook Exercise 1-14 (Video) Sharon Lee is the sole owner of Carla Vista Vista Park, a public camping ground near the Crater Lake N 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 $196,210 91,097 15,416 32,234 147,858 Fair value of equipment Notes payable Expenses during 2020 Accounts receivable $196,210 84,090 210,225 24,526 (a) Determine Sharon Lee's net income from Carla Vista Vista Park for 2020. Net income (b) Prepare a balance sheet for Carla Vista Vista Park as of December 31, 2020. (List Assets in order of liqu CARLA VISTA VISTA PARK Balance Sheet Assets arch

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