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Questions Coronado Industries is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial Information as of December 31,

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Questions Coronado Industries is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial Information as of December 31, 2017 Service revenue (from camping fees) $161,040 Dividends $10,980 Sales revenue (from general store) 30,500 Notes payable 61,000 Accounts payable 13,420 Expenses during 2017 153,720 Cash 10,370. Supplies 6,710 Equipment 139,080 Common stock 48,800 Retained earnings (1/1/2017) 6,100 Determine Coronado Industries's net income for 2017 Coronado Industries' net income for 2017 Prepare a retained earnings statement for Coronado Industries as of ended December 31, 2017. (List items that increase retained earnings first.) Coronado Industries Retained Earnings Statement For the Year Ended December 31, 2017 Retained Earnings, January 1 . Add :). Net Income / (Loss) Less Dividends Retained artis nama LALULA EUR Retained Earnings, December 31 : Prepare a balance sheet for Coronado Industries as of December 31, 2017. (List assets in order of liquidity.) Coronado Industries Balance Sheet Assets Liabilities and Stockholders' Equity . Show Work is REQUIRED for this question: Open Show. Work

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