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please use thus information to prepare a statement of financial position and 1. assets statement 2. liabilities and shreholders equity Long-term investments 24,800 Retained earnings,

please use thus information to prepare a statement of financial position and
1. assets statement
2. liabilities and shreholders equity
image text in transcribed
image text in transcribed
image text in transcribed
Long-term investments 24,800 Retained earnings, January 1 42,200 Dividends declared 4,300 Service revenue 239,400 Depreciation expense 7.200 Insurance expense 3,000 Salaries expense 180,500 Utilities expense 4,600 Interest expense 9,900 Interest income 700 Land 180,800 Mortgage payable 218,000 Additional information: 1. Crane started the vear with 531,000 of common shares and issued $24,800 more during the year: 2. Crane must pay $43,500 of the morteaye payable next vear in 2025 . These items are taken from the financial statements of Crane Limited for the year ended December 31, 2024

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