Service revenue (from camping fees) $171,600 Dividends $11,700 Sales revenue (from general store) 32,500 Notes payable 65,000 Accounts payable 14,300 Expenses during 2017 163,800 Cash 11,050 Supplies 7,150 Equipment 148,200 Common stock 52,000 Retained earnings (1/1/2017) 6,500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Service revenue (from camping fees)
$171.600
Dividends
$11,700
Sales revenue (from general store)
32,500
Notes payable
65,000
Accounts payable
14,300
Expenses during 2017
163,800
Cash
11,050
Supplies
7,150
Equipment
148,200
Common stock
52,000
Retained earnings (1/1/2017)
6,500
Determine Tamarisk, Inc's net income for 2017.
Transcribed Image Text:Service revenue (from camping fees) $171.600 Dividends $11,700 Sales revenue (from general store) 32,500 Notes payable 65,000 Accounts payable 14,300 Expenses during 2017 163,800 Cash 11,050 Supplies 7,150 Equipment 148,200 Common stock 52,000 Retained earnings (1/1/2017) 6,500 Determine Tamarisk, Inc's net income for 2017.
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