Carla Vista Corporation is a private camping ground near the Lathom Peak Recreation Area. It has compiled the following financial information as of December 31, 2022. Service revenue $126,720 Dividends declared $8,640 General store revenue 24,000 Bank loan payable 48,000 Accounts payable 10,560 Salaries expense 85,440 Cash 8,160 Office expense 21,120 Equipment 109,440 Supplies 2,400 Income tax expense 4,800 Common shares (1/1/2022) 4,800 Supplies expense 12,480 Retained earnings (1/1/2022) 4,800 R Additional information: $33,600 of common shares were issued during the year.
