An alphabetical list of Cranes Company adjusted accounts at its fiscal year end, August 31, 2021, follows. All accounts have normal balances. Accounts payable $15,500 Notes payable $42,000 Accumulated depreciation-equipment 14,000 Prepaid insurance 575 Accumulated depreciation-furniture 17.500 R. Smistad, capital 65.750 Cash 26,080 R. Smistad, drawings 72,000 Cost of goods sold 271,800 Rent expense 24.800 Depreciation expense 7,010 Salaries expense 50,400 Equipment 35,000 Salaries payable 2,250 470,000 Furniture 42,000 Sales Insurance expense 3,575 Sales returns and allowances Interest expense 2,150 Supplies 16,300 950 6,325 2,600 Interest payable 615 Supplies expense Merchandise inventory 71.250 Unearned revenue Additional information: 1. Of the notes payable, $6,400 becomes due on February 17, 2022. The balance is due in 2023. 2. On July 18, 2021, R. Smistad invested $3,800 cash in the business. CRANE COMPANY Income Statement CRANE COMPANY Statement of Owner's Equity e Textbook and Media the inner of linudity List Property Plant and Equipment in order of Equipment