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Question 6 of 8 View Policies Current Attempt in Progress Susan Wilson operates a water park called Sunland Ltd . Her busiest months are April

Question 6 of 8
View Policies
Current Attempt in Progress
Susan Wilson operates a water park called Sunland Ltd. Her busiest months are April through September, although, if the weather
holds, she extends park access into October. For the month of July, she recorded the following items:
She paid $22,700 for employee wages and spent $5,700 on promotional material.
Customers paid her $196,400 to access the water park in July and $5,900 to park their cars. She enticed customers to
purchase advance tickets for the month of August and collected $37,400 for these advance ticket sales in the month of July.
She used chemical supplies to purify the water in July that cost $15,100.
She spent $6,100 for the use of water and $9,200 on electricity as the water park extended operating hours until midnight for
the month of July.
(a) Prepare a statement of income to determine how much Sunland Ltd. earned in July.
Sunland Ltd.
Statement of Income
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