Current Attempt in Progress These items are taken from the financial statements of Pharoah Corporation for the year ended December 31, 2021: Retained earnings, January 1 $211.000 Cash 12,900 Salaries payable 3,000 Utilities expense 2000 Equipment $7,000 Accounts payable 19,000 Buildings 63,000 Common shares 33.700 Dividends declared 3,000 Service revenue 217,400 Prepaid insurance 1.500 Repairs and maintenance expense 3,300 Land 184,500 Depreciation expense 6,200 Accounts receivable 13.700 Insurance expense 1,700 Salaries expense 120,800 Accumulated depreciation-equipment 16.100 Income tax expense 6,000 Supplies 200 Operating expense 39,400 Supplies expense 1,000 Bank loan payable, due 2024 17.500 Trading investments 19,000 Accumulated depreciation-buildings 18.500 Interest expense 1500 Interest revenue 500 Additional Information: 1 Pharoah started the year with $32,500 of common shares and issued $1.200 more during the year 7:02 Expert Q&A ill 3G Done The tendenca of Crave Corinth.31 Cal 1290 3000 2000 56.000 15000 3000 20 2000 217900 2000 3300 10000 13700 1.300 18600 6000 300 1,000 18500 1500 500 CRANE CORPORATION