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Cranes Electronic Repair Shop started the year with total assets of $303000 and total liabilities of $208000. During the year, the business recorded $504000 in
Cranes Electronic Repair Shop started the year with total assets of $303000 and total liabilities of $208000. During the year, the business recorded $504000 in electronic repair revenues, $305000 in expenses, and Crane withdrew $49700. Crane's Owners Capital balance at the end of the year was
| $538300. |
| $244300. |
| $294000. |
| $199000. |
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