The sentence that follows the correct conventions for English usage is:
"Mary goes to the frozen lake and skated on its surface until it's dark almost every day."
However, please note that there is a verb tense inconsistency ("goes" vs. "skated"). To correct that, it should be:
"Mary goes to the frozen lake and skates on its surface until it's dark almost every day."
Regarding the other sentences:
- "I don't think it's that hard to read a whole book in one week if it's a good book." (Correction: "its" should be "it's" which is short for "it is.")
- "If it's an art class, Steven is definitely going to try to get his name on its waiting list." (Correction: "its" is correctly used, but "its" preceding waiting list should be an "it’s" if it meant "it is".)
- "It's a meeting that will be held on Saturday, and Carol and Ava will be its leaders." (Correction on capitalization of "Saturday", but "its" is used correctly.)
- "Mary goes to the frozen lake and skated on its surface until its dark almost every day." ("its" should be "it's" which is short for "it is".)
So, while sentence 4 is mostly correct, it requires verb changes and one contraction correction to be entirely accurate.