Cullumber Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2022. Service revenue (from camping fees) $132,600 Sales revenue (from general store) Accounts payable Cash Equipment Dividends 23,400 Notes payable 11,660 9,010 120,840 (a) Expenses during 2022 Supplies Common stock Retained earnings (1/1/2022) Determine Cullumber Lakes Park's net income for 2022. Cullumber Lakes Park's net income for 2022 $ $9,540 53,000 123,140 5,830 42,400 5,300