Crane Computer Corporation had the following opening account balances at the end of April: Cash $4,800; Accounts Receivable $5,600; Accounts Payable $2,200; Common Shares $5,100; and Retained Earnings $3,100. It entered into the following transactions during the month of May:

1.		Purchased equipment on account for $8,800.
2.		Paid $1,600 for rent for the month of May.
3.		Provided computer services for $3,700 on account.
4.		Paid Ontario Hydro $300 cash for utilities used in May.
5.		Borrowed $18,800 from the bank.
6.		Paid supplier for equipment purchased in transaction 1.
7.		Purchased a one-year accident insurance policy for $400 cash.
8.		Received $3,300 cash in partial payment of the account owed in transaction 3.
9.		Declared and paid $500 of dividends to shareholders.
10.		Paid income tax of $260 for the month.

Liabilities Shareholders Equity Retained Farnings Cash Accounts Receivable Prepaid Insurance Equipment -Accounts Payable Bank Loan Payable Common Shares Dividends Declared 4,80 $2,2 $5,10 $3,1 Apr. 30 Bal $8,80 38 $1,40 $1,40 2. 53,7 3. 18,90 5. $8,8DD 9,800) 5. $3,300) 9. 10. $15,04 $8,80 18 53.1 $3,7 $2,16 $50 Total