Exercise 1-10 Otay Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2017. 39,000 Service revenue from camping fees) $132.000 Dividends Sales revenue (from general store) 25,000 Nos payable Acount able 11,000 Expenses during 2017 8,500 Supplies Equipment 114,000 Common stock Retained emings (1/1/2017) 125.000 5,000 Determine Otay Lakes Park's net income for 2017. Otay Lakes Park's net income for 2017 Prepare a retained earnings statement for Otay Lakes Park as of ended December 31, 2017. (List items that increase retained earnings first.) Otay Lakes Park Retained Earnings Statement Prepare a balance sheet for Otay Lakes Park as of December 31, 2017. (List assets in order of liquidity.) Otay Lakes Park Balance Sheet Liabilities and Stockholders' Equity