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Exercise 1-14 a-b (Part Level Submission) Tamarisk, Inc., a public camping ground near the Four Comers National Recreation Area, has compiled the following financial information

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Exercise 1-14 a-b (Part Level Submission) Tamarisk, Inc., a public camping ground near the Four Comers National Recreation Area, has compiled the following financial information as of December 31, 2020 Revenues during 2020-camping fees $182,000 Notes payable 578.000 Revenues during 2020-general store 61,100 Expenses during 2020 195,000 Accounts payable 14,300 Supplies on hand 3.250 Cash on hand 26,000 Common stock 26,000 Original cost of equipment 137,150 Retained earnings Fair value of equipment 182,000 (a) Determine Tamarisk, Inc.'s net income for 2020 Tamarisk, Inc.'s net income Click if you would like to show Work for this questioni Open Show Work

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