Sunland Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2022. Service revenue (from camping fees) $165,300 Dividends $12,420 Sales revenue (from general store) 24,700 Notes payable 69,000 Accounts payable 15,180 Expenses during 2022 147,220 Cash 11,730 Supplies 7,590 Equipment 157,320 Common stock 55,200 Retained earnings (1/1/2022) 6,900 Your answer is correct. Determine Sunland Lakes Park's net income for 2022. Sunland Lakes Park's net income for 202 42780 eTextbook and Media List of Accounts Attempts: 3 of 6 used Your answer is correct. Prepare a retained earnings statement for Sunland Lakes Park year ended December 31, 2022. (List items that increase retained earnings first.) SUNLAND LAKES PARK Retained Earnings Statement For the Year Ended December 31, 2022 Retained Earnings, January 1 - 6900 Add : Net Income / (Loss) 42780 49680 Less Loss 4 : Dividends Dividends [ 12420 1242 Retained Earnings, December 31 - $ 37260 eTextbook and Media List of Accounts Attempts: 1 of 6 used (62) Prepare a balance sheet for Sunland Lakes Park as of December 31, 2022. (List assets in order of liquidity.) SUNLAND LAKES PARK Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity