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Question 7 NOVA Lanes is a bowling alley. Review the following financial information as of December 31, 2022. 3 pts Services revenues (lane $131,500

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Question 7 NOVA Lanes is a bowling alley. Review the following financial information as of December 31, 2022. 3 pts Services revenues (lane $131,500 Dividends $9,000 and shoe rental) Sales revenues (from pro 35,000 Notes payable 58,000 shop) Accounts payable 13,700 Administrative expenses 130,000 Cash 14,600 Supplies 2.500 nce Equipment 106,500 Common stock 35,000 Retained earnings 5,400 (1/1/2022) 3 Compute net income for NOVA Lanes for 2022. (Do not include dollar signs in your response. The system will enter commas if necessary.)

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