Accounts payable $ 838 Accounts receivable 910 Accumulated depreciation equipment 560 Cash 1,330 Common stock 16,800 Cost of goods sold 1,050 Depreciation expense 375 Dividends 310 Equipment 2,490 Goodwill 1,800 160 130 Income tax expense Income taxes payable Insurance expense Interest expense 380 550 950 Inventory Investment in land 13,925 Land 3,000 Mortgage payable (long-term) 4,100 62 50 2.000 Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 800 290 5,000 1.700 Prepare an income statement for Crane Company for the year ended April 30, 2022.(Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses es (45).) CRANE COMPANY Income Statement $ Prepare a retained earnings statement for Crane Company for the year ended April 30, 2022. (List items that increase retained earnings first.) CRANE COMPANY Retained Earnings Statement e Textbook and Media List of Accounts CRANE COMPANY Balance Sheet Assets $