Current Attempt in Progress An alphabetical list of Cranes Company adjusted accounts at its fiscal year end, August 31, 2021, follows. All accounts have normal balances. $15,500 Notes payable Accounts payable Accumulated depreciation- equipment 14.000 Prepaid insurance Accumulated depreciation-furniture 17,500 R. Smistad, capital Cash 26,080 R. Smistad, drawings 271.800 Rent expense Cost of goods sold 7.010 Salaries expense Depreciation expense Equipment 35,000 Salaries payable Furniture 42.000 Sales Insurance expense 3.575 Sales returns and allowanceInterest expense 2,150 Supplies Interest payable 615 Supplies expense Merchandise inventory 71.250 Unearned revenue Additional information: 1. Of the notes payable, $6,400 becomes due on February 17, 2022. The balance is due in 2023. 2. On July 18, 2021, R. Smistad invested $3,800 cash in the business