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An excerpt from the statement of financial position of Crane Limited follows: CRANELIMITED Selected Statement of Financial Position Information At December 31, 2020 Long-term debt

image text in transcribed An excerpt from the statement of financial position of Crane Limited follows: CRANELIMITED Selected Statement of Financial Position Information At December 31, 2020 Long-term debt Notes payable, 10% 4% convertible bonds payable 6% convertible bonds payable Total long-term debt Shareholders' equity $0.66 cumulative, no par value, convertible preferred shares (unlimited number of shares authorized, 571,500 shares issued and outstanding) Common shares, no par value (7,499,400 shares authorized, 2,752,100 shares issued and outstanding) Contributed surplus Retained earnings Total shareholders' equity $5,122,0002,163,0002,892,000$10,177,000 $2,857,500 25,766,000 218,200 6,741,400 $35,583,100 An excerpt from the statement of financial position of Crane Limited follows: CRANELIMITED Selected Statement of Financial Position Information At December 31, 2020 Long-term debt Notes payable, 10% 4% convertible bonds payable 6% convertible bonds payable Total long-term debt Shareholders' equity $0.66 cumulative, no par value, convertible preferred shares (unlimited number of shares authorized, 571,500 shares issued and outstanding) Common shares, no par value (7,499,400 shares authorized, 2,752,100 shares issued and outstanding) Contributed surplus Retained earnings Total shareholders' equity $5,122,0002,163,0002,892,000$10,177,000 $2,857,500 25,766,000 218,200 6,741,400 $35,583,100

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