Cr. The completed financial statement columns of the worksheet for Crane Company are shown as follows: Crane Company Worksheet For the Year Ended December 31, 2020 Income Statement Balance Sheet Account Dr. Account Titles No. Dr. Cr. 101 Cash 8,800 112 Accounts Receivable 10.800 130 Prepaid Insurance 3,000 157 Equipment 24,500 158 Accumulated Depreciation-Equip. 4,600 201 Accounts Payable 9,200 212 Salaries and Wages Payable 2,600 301 Owner's Capital 20,000 306 Owner's Drawings 12,100 400 Service Revenue 60,500 622 Maintenance and Repairs Expense 1,600 711 Depreciation Expense 3,100 722 Insurance Expense 1,800 726 Salaries and Wages Expense 29,800 732 Utilities Expense 1,400 Totals 37,700 60.500 59,200 36,400 Net Income 22,800 22,800 60.500 60.500 59,200 59.200 (21) Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses eg. (45).) CRANE COMPANY Income Statement $ Cash $ Accounts Receivable Prepaid Insurance List of Accounts Save for Later Attempts: 0 of 1 used Submit