Crane Grove Hardware has the following balances in the company ledgers for the year ending December $31$:Mortgage Payable$$82,100$Interest Expense$$9,600$Prepaid Insurance$$4,400$Land$$24,500$Short$-$term investments$$2,400$Offce salaries$$74,300$Common Shares$$13,600$Sales Salaries$$100,200$Cash$$8,100$Supplies expense$$17,800$Advertising$$48,100$Insurance expense$$9,100$Accounts Receivable$$17,800$Depreciation expense$$21,300$Sales revenue$$599,000$Income tax expense$$7,300$Accounts Payable$$13,900$Dividend Payments$$15,000$Buildings $($Net$)$$$96,900$Interest Income$$19,400$Cost of Goods Sold$$297,100$Inventory$$23,700$Note Payable $($due in $9$ months$)$$$13,200$Retained Earnings $($Beg Bal$-$Jan $1)$$$36\mathrm{.}400$SUPPORTUpcomingEarningsQ Compute the statement of income with the above information Search$$nxIIw