Crane Ltd. is a Canadian private company following ASPE. Following are the partial trial balances for Crane as at December 31: Accounts receivable Salaries and wages payable Income taxes payable Prepaid insurance Accumulated depreciation Interest payable 2021 $45,000 13,500 13.100 7.700 90.100 2.200 2020 $26,000 25.900 19,100 4,300 77.300 8.900 During 2021. Crane collected $376,000 in cash from its customers. Crane also paid out cash of $146,000 for salaries and wages, $60,000 for income taxes, $38,000 for insurance and $25,000 for interest. Prepare a single-step income statement for Crane Ltd. for the year ended December 31, 2021. Crane Ltd. Income Statement For the year ended December 31, 2021 Revenue $60,000 for income taxes, $38,000 for insurance, and $25,000 for interest. For salaries and wages. Prepare a single-step income statement for Crane Ltd. for the year ended December 31, 2021. Crane Ltd. Income Statement For the year ended December 31, 2021 Revenue $ v $