0 Kimmel, Financial Accounting, 8 Help I System Announcements URCES Exercise 3-4 BACK A tabular analysis of the transactions made during August 2017 by Crane Company during ts first month of operations is shown below. Each increase and decrease in stockholders' equity is explained. Assets Liabilities Stockholders' Equity Cash+A/R+Supp.Equip. Accounts Payable+ Common Stock Retained Earnings Revenues- Expenses- Dividends Study (1) $17,300 $17,300 Com. Stock (2) -1,900 (3) -800 (4) 4,900 $5,500 (5) -1,500 (6) 3,000 (7) 780 (8) 540 540 (9) -3,500 (10) $4,900 $3,000 $800 $10,400 Serv. Rev. -1,500 -$3,000 D -$780 Rent Exp, -3,500 -220 Salar. Exp. UtiI. Exp 220 (b) Determine how much stockholders' equity increased for the month, (c) Compute the net income for the month The net income s LINK TO TEXT Question Attempts: 0 of 3 used SAvE FOR LATER SUBNIT