(L03) Crane Corporation has the following accounts included in its December 31, 2017, trial balance: Equity Investments...

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(L03) Crane Corporation has the following accounts included in its December 31, 2017, trial balance: Equity Investments

(trading) $21,000, Goodwill $150,000, Prepaid Insurance $12,000, Patents $220,000, and Franchises $130,000. Prepare the intangible assets section of the balance sheet.

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