Judy Cumby is the sole owner of Wildhorse, a public camping ground near Gros Morne National Park. Judy has gathered the following financial information for the year ended March 31, 2021:

Revenuescamping fees	$169,000		Revenuesgeneral store	$40,000
Operating expenses	160,000		Cash on hand	11,900
Supplies on hand	2,500		Original cost of equipment	119,000
Fair value of equipment	134,000		Notes payable	75,000
Accounts payable	12,200		J. Cumby, capital, April 1, 2020	17,000
Accounts receivable	21,200		J. Cumby, drawings	8,000
Camping fees collected for April	10,000		Insurance paid for in advance for April to June, 2021	600