Metlock, Inc. is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2017. Service revenue (from camping fees) $155,760 Dividends $10,620 Sales revenue (from general store) 29,500 Notes payable 59,000 Accounts payable 12,980 Expenses during 2017 148,680 Cash 10,030 Supplies 6,490 Equipment 134,520 Common stock 47,200 Retained earnings (1/1/2017) 5,900