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Question 3 You are provided with the following information for Crane Company, effective as of its April 30, 2022, year-end. Accounts payable $ 854 Accounts

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Question 3 You are provided with the following information for Crane Company, effective as of its April 30, 2022, year-end. Accounts payable $ 854 Accounts receivable 930 Accumulated depreciation-equipment 570 Cash 1,290 Common stock 17,900 Cost of goods sold 1,080 Depreciation expense 395 Dividends 375 Equipment 2,560 Goodwill 1,700 Income tax expense 170 Income taxes payable 160 Insurance expense 390 Interest expense 570 Inventory 1,020 Investment in land 13,820 Land 3,200 Mortgage payable (long-term) 3,300 Notes payable (short-term) 56 Prepaid insurance 70 Retained earnings (beginning) 1,600 Salaries and wages expense 600 Salaries and wages payable 230 Sales revenue 4,900 Stock investments (short-term) 1,400 Prepare an income statement for Crane Company for the year ended April 30, 2022. (Enter negative amo e.g. (45).) CRANE COMPANY Income Statement . Prepare a retained earnings statement for Crane Company for the year ended April 30, 2022. (List items that increa CRANE COMPANY Retained Earnings Statement SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Prepare a classified balance sheet for Crane Company as of April 30, 2022. (List Current Assets in order of liquidity.) CRANE COMPANY Balance Sheet Assets $ Liabilities and Stockholders' Equity $ . $ . . $

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