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Whispering Winds Corp. Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December
Whispering Winds Corp. 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) $129,360 Dividends $8,820 Sales revenue (from general store) 24,500 Notes payable 49,000 Accounts payable 10.780 Expenses during 2022 123.480 Cash 8,330 Supplies 5,390 Equipment 111,720 Common stock 39.200 Retained earnings (1/1/2022) 4,900 (a) Determine Whispering Winds Corp. Park's net income for 2022. Whispering Winds Corp. Park's net income for 2022 $
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