Crane Company began the year with owner's equity of $107800. During the year, Crane received additional owner investments of $148400, recorded expenses of $433000, and had owner drawings of $27500. If Crane's ending owner's equity was $289300, what was the company's revenue for the year? $642000. $614500. $493600. $466100. Sheridan Company compiled the following financial information as of December 31, 2022: Revenues $336000 Owner's Capital (1/1/22) 141800 Equipment 79900 Expenses 249000 Cash 89700 Owner's Drawings 19100 Supplies 9300 Accounts payable 40200 Accounts receivable 71000 Sheridan's owner's equity on December 31, 2022 is $209700. $249900. $141800. $101600. If total liabilities decreased by $31100 and owner's equity increased by $19400 during a period of time, then total assets must change by what amount and direction during that same period? $42800 decrease $42800 increase $11700 decrease O $11700 increase If total liabilities decreased by $50300 and owner's equity increased by $29500 during a period of time, then total assets must change by what amount and direction during that same period? $79800 increase $20800 increase $20800 decrease $79800 decrease Sunland's Electronic Repair Shop started the year with total assets of $313000 and total liabilities of $205000. During the year, the business recorded $504000 in electronic repair revenues, $307000 in expenses, and Sunland withdrew $51100. Sunland's Owner's Capital balance at the end of the year was $253900. $108000. $197000. $305000