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Crane Company's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2018 activities are presented below. December 31, 2021 2020

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Crane Company's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2018 activities are presented below. December 31, 2021 2020 $ 198000 Assets Cash Short-term investments Accounts receivable (net) Inventory Long-term investments Plant assets Accumulated depreciation Patent $ 438000 598000 1000000 1360000 398000 3380000 (898000) 178000 $6454000 1000000 1180000 598000 1980000 (898000) 198000 $4256000 Total assets $1640000 $1420000 Liabilities and Stockholders' Equity Accounts payable and accrued liabilities Notes payable (nontrade) Common stock, $10 par Additional paid-in capital Retained earnings Total liabilities and stockholders' equity 578000 1598000 798000 1840000 $6454000 1380000 498000 958000 $4256000 Information relating to 2021 activities: Net income for 2021 was $1480000. Cash dividends of $598000 were declared and paid in 2021. Equipment costing $980000 and having a carrying amount of $318000 was sold in 2021 for $358000. A long-term investment was sold in 2021 for $318000. There were no other transactions affecting long-term investments in 2021 21800 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 Crane's 2021 financing activities was O $1721000. O $565000. O $525000. O $1123000

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