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Lab 152022 Question 1 of 5 < Current Attempt in Progress -/26 E Judy Cumby is the sole owner of Crane, a public camping ground

Lab 152022 Question 1 of 5 < Current Attempt in Progress -/26 E Judy Cumby is the sole owner of Crane, a public camping ground near Gros Morne National Park. Judy has gathered the following financial information for the year ended March 31, 2021: Revenues-camping fees $162,000 Revenues-general store $40,000 Operating expenses 152.000 Cash on hand 15.000 Supplies on hand 2.500 Original cost of equipment 114.000 Fair value of equipment 129,000 Notes payable 75,000 Accounts payable 12.600 1. Cumby, capital April 1, 20201 17,000 Accounts receivable 21.600 J.Cumby drawings 10.000 Camping fees collected for April 10,000 Insurance paid for in advance for April to June, 2021 600 Type here to search Calculate Cranes profit for the year C NO 3 477 19C Rain 4 ENG 352 PMR

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