Question 7 of 8 0.5/1 Tamarisk Park, a public camping ground near the Four Corners National Recreation Area, has compiled the following financial information as of December 31, 2022. Revenues during 2022-camping fees $182,000 Notes payable $78,000 Revenues during 2022-general store 61,100 Expenses during 2022 195,000 Accounts payable 14,300 Supplies on hand 3,250 Cash on hand 26,000 Common stock 26,000 Original cost of equipment 137,150. Retained earnings Fair value of equipment 182,000 (a) Your answer is correct