Judy Cumby is the sole owner of Deer Park, a public camping ground near Gros Morne National Park. Judy has gathered the following financial information for the year ended March 31, 2017:

Instructions
(a) Calculate Deer Park's profit for the year.
(b) Calculate Judy's owner's equity for the period ended March 31, 2017.
(c) Prepare a balance sheet at March 31, 2017.

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Revenues-camping fees Operating expenses Supplies on hand Fair value of equipment Accounts payable Accounts receivable Camping fees collected for April 150,000 Revenues-general store 150,000 Cash on hand Original cost of equipment Notes payable J. Cumby, capital, April 1, 2016 40,000 9,400 110,000 70,000 17,000 5,000 600 2,500 25,000 11,500 21,000 10,000 . Cumby, drawings Insurance paid for in advance for April to June 2017