Crane Company's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2021 activities are presented below.

	December 31,
	2021		2020
Assets
Cash	$ 439000		$ 202000
Short-term investments	598000
Accounts receivable (net)	1040000		1040000
Inventory	1400000		1200000
Long-term investments	398000		600000
Plant assets	3420000		2000000
Accumulated depreciation	(899000)		(899000)
Patent	182000		199000
Total assets	$6578000		$4342000
Liabilities and Stockholders' Equity
Accounts payable and accrued liabilities	$1650000		$1430000
Notes payable (nontrade)	581000
Common stock, $10 par	1613000		1400000
Additional paid-in capital	801000		499000
Retained earnings	1933000		1013000
Total liabilities and stockholders' equity	$6578000		$4342000

Information relating to 2021 activities: Net income for 2021 was $1520000. Cash dividends of $600000 were declared and paid in 2021. Equipment costing $990000 and having a carrying amount of $322000 was sold in 2021 for $362000. A long-term investment was sold in 2021 for $322000. There were no other transactions affecting long-term investments in 2021. 21300 shares of common stock were issued in 2021 for $25 a share. Short-term investments consist of treasury bills maturing on 6/30/22. Net cash provided by Cranes 2021 operating activities was

$2065000.

$2145000.

$2105000.

$1520000.