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Need help with b), c) and d) The completed financial statement columns of the spreadsheet for Crane Company are shown as follows: Your answer is

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The completed financial statement columns of the spreadsheet for Crane Company are shown as follows: Your answer is correct. Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or (a) Your answer is correct. Prepare an owner's equity statement. (List items that increase owner's equity first.) CRANE COMPANY Balance Sheet December 31,2022 Assets Current Assets Accounts Receivabie Prepaid insurance Total Current Assets Property, Plant and Equipment Eguipment Less o: Accumplated Depreciation-Equipment Total Assets 5 $ Liabilities and Owner's Equity Current Labilities: Accounts Payable Salaries and WaBes Payable Total Current Liabilities Owner's Equity Owners Capital Total Liabilities and Owner's Equity eTextbook and Media Prepare a classified balance sheet. (List Current Assets in order of liquidity.) CRANE COMPANY Balance Sheet December 31. 2022 Assets isets $ 8300 s Recelvable 10800 Hsarance int Assets Jant and Equipment int. Accumulated Depreciation Equipnent is + Liabilities and Owner's Equity sblities s Payible 5 and Wares Paysule int Liabilities quity Capital ities and Owner's Equity eTextbook and Media Prepare the closing entries. L. Crane did not make any additional investments during the year. (Credit account titles are automaticallv indented when amount is entered. Do not indent manuallv. If no entrv is reauired. select "No Entrv" for t the balances of the accounts.(Post Maintenance and Repairs Expense No. 622 Depreciation Expense No. 711 Insurance Expense No. 722 Salaries and Wages Expense No. 726 Utilities Expense No. 732 Prenare a nost-closine trial balance

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