An alphabetical list of Crane Company adjusted accounts at its fiscal year end, August 31,2024 , follows. All accounts have normal balances. Additional information: 1. Of the notes payable, $6,500 becomes due on February 17, 2025. The balance is due in 2026. 2. On July 18,2024, R. White invested $3,900 cash in the business. CRANE COMPANY Income Statement Year Ended August 31. 2024 Sales $ Less : Sales Returns and Allowances Net Sales Cost of Goods Sold Gross Profit Depreciation Expense Insurance Expense Rent Expense Salaries Expense Supplies Expense Total Operating Expenses Profit from Operations Interest Expense CRANE COMPANY Statement of Owner's Equity $ eTextbook and Media Gross profit margin Profit margin eTextbook and Media