vanhoe is a private camping ground near the Boulder Peak Recreation Area. It has compiled the following financial information as of December 31, 2022. Services revenues (from camping fees) $132,500 Dividends $7,600 Sales revenues (from general store) 25,000 Notes payable 56,000 Accounts payable 12,700 Administrative expenses 131,800 Cash 14,400 Supplies 2,600 Equipment 105,000 Common stock 31,000 Retained earnings (1/1/2022) 4,200 (a) Determine net income for Ivanhoe for 2022. Net Income $enter net income in dollars