please show work to help me understand thank you.

The following are comparative balance sheets for Crane Company. Additional information: 1. Net income for 2022 was $101,000. 2. Depreciation expense was $32,000. 3. Cash dividends of 538,500 were declared and paid. 4. Bonds payable with a carrying value of 555,000 were redeemed for 555,000 cash. 5. Common stock was issued at par for $42,000 cash. 6. No equipment was soid during 2022 7. Land was sold for its bookvalue