Oriole 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) $156,400 Dividends $11,880 Sales revenue (from general store) 66,000 27,600 Notes payable 14,520 Expenses during 2022 Accounts payable 143,080 Cash 11,220 Supplies 7,260 Equipment 150,480 Common stock 52,800 6,600 Retained earnings (1/1/2022) Determine Oriole Lakes Park's net income for 2022. Oriole Lakes Park's net income for 2022 $ . ORIOLE LAKES PARK Retained Earnings Statement For the Year Ended December 31, 2022 Retained Earnings, December 31 Add : Net Income /(Loss) Less : Dividends - Retained Earnings, January 1 - I ORIOLE LAKES PARK Balance Sheet For the Year Ended December 31, 2022 Assets Liabilities and Stockholders' Equity