Problem 23-6 Comparative balance sheet accounts of Crane Inc. are presented below. CRANE INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2017 AND 2016 December 31 Debit Accounts 2017 2016 Cash $42,400 $34,100 Accounts Receivable 69,900 60,400 30,100 23,900 Inv entory Equity investments 22,500 38,200 Machinery 30,200 18,700 Buildings 67,400 56, 300 7,400 7,400 Land $269,900 $239,000 redit Accounts Allowance for Doubtful Accounts $2,300 $1,500 Accumulated Depreciation Machinery 5,700 2,200 Accumulated Depreciation Buildings 3,600 8,900 Accounts Payable 34,700 24,500 Accrued Payables 3,300 2,700 21,100 31,000 Long-Term Notes Payable Common Stock, no-par 150,000 125,000 39,200 43,200 Retained Earnings $269,900 $239, ooo