Wildhorse Co. 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) $147,840 Dividends $10,080 Sales revenue (from general store) 29,500 Notes payable 55,000 Accounts payable 12.320 Expenses during 2022 141,120 Cash 9,520 Supplies 6,160 Equipment 128,180 Common stock 44,800 Retained earnings (1/1/2022) 5,600 (a) Your answer is incorrect. Determine Wildhorse Co. Park's net income for 2022. Wildhorse Co. Park's net income for 2022 $ 34,720