crane Theatre, owned by Nadia Johnson, is unique as it shows only movies that are part of a theme with sequels. As at April $30,2024,$ the ledger of Crane Theatre showed the following: Cash $$15,800,$ Land

$$75,200,$ Buildings $$70,200,$ Equipment $$16,500,$ Accounts Payable $$4,290,$ Mortgage Payable $$107,000,$ and N$.$ Johnson, Capital $$66,410.$ In May, the following events and transactions occurred:

May $1$ Rented the first four Harry Potter movies, to be shown in the first two weeks of May. The film rental was $$24,500.$ Of that amount, $$10,084$ was paid in cash and the balance will be paid on May

$2$ Hired M$.$ Brewer to operate the concession stand. Brewer agreed to pay Crane Theatre $15\%$ of gross concession receipts, on the last day of each month, for the right to operate the concession

stand.

$7$ Paid advertising expenses, $$2,090.$

$10$ Received $$36,940$ cash from customers for admissions.

$10$ Paid the balance due from the May $1$ movie rental transaction.

$15$ Received the final four Harry Potter movies to be shown in the last two weeks of May. The film rental cost was $$26,800.$ Paid $$13,400$ cash and the balance will be paid on June $1.$

$25$ Paid the accounts payable owing at the end of April.

$30$ Paid salaries of $$6,730.$

$31$ Received statement from Brewer showing gross receipts from concessions of $$28,700$ and the balance due to Crane Theatre of $$4,305($ $$28,700\backslash$times $15\%)$ for May. Brewer paid $$2,600$ of the

balance due and will pay the rest on June $5.$

$31$ Received $$42,000$ cash from admissions.

$31$ Made a $$1,990$ mortgage payment. Of this amount, $$1,185$ is a principal payment, and $$805$ is interest on the mortgage.

In addition to the accounts identified above, Crane Theatre's ledger includes the following: Accounts Receivable; Admission Revenue; Concession Revenue; Advertising Expense; Film Rental Expense;

Interest Expense; and Salaries Expense