Prepare the balance sheet. rofit and owner's equity and El.17 (LO 6) AP Judy Cumby is the sole owner of Deer Park, a public camping ground near Gros Morne National Park. Judy has gathered the following financial information for the year ended March 31, 2021: ance sheet. $150,000 Revenues-general store Revenues-camping fees Operating expenses Spplies on hand Fair value of equipment Accounts payable Accounts receivable $ 40,000 150,000 Cash on hand 2,500 Original cost of equipment 125,000 Notes payable 11,500 J. Cumby, capital, April 1, 2020 21,000 J. Cumby, drawings 10,000 Insurance paid for in advance for April to June 2021 9,400 110,000 70,000 17,000 5,000 Camping fees collected for April 600 Instructions a. Calculate Deer Park's profit for the year. b. Calculate Judy's owner's equity for the period as at March 31, 2021. c. Prepare a balance sheet at March 31, 2021