Skysong 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 $154,000 Notes payable $66,000 Revenues during 2022-general store 51,700 Expenses during 2022 165,000 Accounts payable 12,100 Supplies on hand 2,750 Cash on hand 22,000 Common stock 22,000 Original cost of equipment 116,050 Retained earnings Fair value of equipment 154,000 Cash on hand Supplies on hand Equipment Total Assets Liabilities Accounts Payable Notes Payable Total Liabilities Stockholders' Equity Skysong Park Balance Sheet December 31, 2022 Assets 22.000 2.750 116,050 140,800 Liabilities and Stockholders' Equity 12,100 66,000 78,100 Liabilities Accounts Payable Notes Payable Total Liabilities Stockholders' Equity Common Stock 12,100 66,000 22,000 "A 78,100 Retained Earnings Stockholders' Equity Total Liabilities and Stockholders' Equity Save for Later 40.700 62,700 140.800 Attempts: 1 of 5 used Submit