On June 1, 2022, Crane Company was started with an initial investment in the company of $26,000 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022. and the revenues and expenses for the month of June, its first month of operations: Cash $4,850 Notes payable $12.500 Accounts receivable 4.250 Accounts payable 750 1.100 Service revenue 7,800 Supplies expense Supplies 2,329 Maintenance and repairs expense Advertising expense 400 Utilities expense 210 Equipment 30.200 Salaries and wages expense 1,500 Common stock 26,000 During June, the company issued no additional stock but paid dividends of $1521. (1) On June 1, 2022, Crane Company was started with an initial investment in the company of $26,000 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations: Cash E $ 4,850 Notes payable $12,500 750 Accounts receivable 4,250 Accounts payable Service revenue 7,800 Supplies expense 1.100 Supplies 2.329 Maintenance and repairs expense Advertising expense 400 Utilities expense Equipment 30.200 Salaries and wages expense 1.500 Common stock 26.000 During June, the company issued no additional stock but paid dividends of $1.521 (1) Income Statement CRANE COMPANY semene a n 120 cm