ACCOUNTING PROBLEM SOLVE

HELP PLEASE!

The condensed financial statements of Crane Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) CRANE COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses $360 600 480 160 1,600 210 380 510 $2,830 2,700 $990 470 1,240 $2,830 2,700 $330 670 550 120 1,670 210 420 530 Total current assets Investments Property, plant, and equipment (net) Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common $1,100 500 1,230 Total liabilities and stockholders' equity CRANE COMPANY Income Statements For the Year Ended December 31 2017 2016