4 of 13 < > View Policies Show Attempt History Current Attempt in Progress You are provided with the following information for Crane Company, effective as of its April 30, 2022, year-end. Accounts payable $878 Accounts receivable 840 Accumulated depreciation-equipment 620 Cash 1,340 Common stock 16,700 Cost of goods sold 1,070 Depreciation expense 365 Dividends 335 Equipment 2.550 Goodwill 1,800 Income tax expense 150 Income taxes payable 125 Insurance expense 400 Interest expense 430 Inventory 990 88 Investment in land 14,100 Land 3,000 Mortgage payable (long-term) 3.300 Notes payable (short-term) 62 Prepaid insurance 70 Retained nings (beginning) 1,700 Salaries and wages expense 900 Salaries and wages payable 255 Sales revenue 5,700 Stock Investments (short-term) 1.000 Ravens CRANE COMPANY Income Statement For the Year Ended April 30.2022 Sales Rever Cost of Goods Sold Salaries and Wages Expense Insurance Expe Depreciation Expense 1070 900 400 343 A 4304 Income Tax Expe 130 Net income/ eTextbook and Media List of Accounts 3315 5700 2385 Prepare a classified balance sheet for Crane Company as of April 30, 2022 (List Current Assets in onder of liquidity) CRANE COMPANY Balance Sheet Current Assets Cash Accounts Receivable Inventory Prepaid Insurance Stock Investments Total Current Asset Property Plant and E Land Equipment 30 2022 Assets 230 Current Labtes Accounts Payable Income Taxes Payable Salaries and Wages Payable T Long-Term Lab Mortg T Total Stockholders' Equity Con Stock Ring Total Stockholder Equity Tandy eTextbook and Media Liabilities and Stockholders' Equity