Question 13 The balance sheet data of Crane Company at the end of 2021 and 2020 follow: Cash Accounts receivable (net) Inventory Prepaid expenses Buildings and equipment Accumulated depreciation-buildings and equipment Land Totals 2021 $ 99000 238000 278000 38000 358000 (70000) 358000 $1299000 2020 $ 138000 178000 178000 99000 298000 (30000) 158000 $1019000 $270000 46000 $218000 70000 154000 Accounts payable Accrued expenses Notes payable-bank, long-term Mortgage payable Common stock, $10 par Retained earnings (deficit) 118000 835000 30000 $1299000 635000 (58000) $1019000 Land was acquired for $200000 in exchange for common stock, par $200000, during the year; all equipment purchased was for cash. Equipment costing $20000 was sold for $6000; book value of the equipment was $14000 and the loss was reported as an ordinary item in net income. Cash dividends of $28000 were charged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Earnings account. In the statement of cash flows for the year ended December 31, 2021, for Crane Company: The net cash provided by operating activities was $99000. o o $116000 $83000. $91000