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Crane Manufacturing Company has the following account balances at year-end: Office supplies Raw materials Work-in-process $8500 24100 O $121800. O $97700. O $52700. O $130300.
Crane Manufacturing Company has the following account balances at year-end: Office supplies Raw materials Work-in-process $8500 24100 O $121800. O $97700. O $52700. O $130300. 45000 Finished goods 52700 Prepaid insurance 9000 What amount should Crane report as inventories in its balance sheet?
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