ps://edugen uni FULL SCREEN PRINTER VER Exercise 1-12 (Part Level Submission) Sea Surf Campground, Inc. is a public camping ground in ocean National Park. It has the following financial information as at December 31, 2015 Camping revenue ,100 Accounts payable 5,530 Bank loan payable 50,220 7,590 Cash 119,110 Equipment 10,030 Income tax expense 12,370 Dividends 134,740 Operating expenses 2,590 Supplies Common shares, Jan. 1 30,490 Common shares issued during year 13,750 18,340 Retained earnings, Jan. 1 w (a) x Your answer is incorrect. Try again. Determine profit for the year. 96 Profit for the year s Click if you would like to show work this question: open blank show work for Copy Show Work from Previous attempt Policy 2000 2017 uobn wiley s sons, Inc. All Rights Reserved. A Division of John wiley & sons, unc.