Anabeticantstol Cranes Company adjusted accounts at its fiscal year end, August 31, 2021. follows. All accounts have normal lance $15.540 Notes payable $42.000 Accounts payable Accumulated depreciation--equipment Accumulated depreciation--furniture 14,000 Prepaid insurance 575 17.500 R. Smistad, capital 65,750 Cash 24,650 R. Smistad, drawings 78.000 272.200 Rent expense 24.700 Cost of goods sold Depreciation expense 7,050 Salaries expense 50.300 35.000 Salaries payable Equipment 2.250 Sales 474,000 Furniture 42.000 3.575 Sales returns and allowances 16,300 Insurance expense 950 2.150 Supplies Interest expense 585 6.325 Supplies expense Interest payable US 7.050 Salaries expense 50,300 Equipment 35.000 Salaries payable 2.250 Furniture 42,000 Sales 474,000 Insurance expense 3,575 Sales returns and allowances 16,300 2,150 Supplies 950 Interest expense Interest payable Merchandise Inventory 585 Supplies expense 6,325 70.450 Unearned revenue 2,600 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 $4,500 cash in the business. CRANE COMPANY Income Statement $ 13 D US