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 Common stock Cost of goods sold Depreciation expense 1,290 17,900 1,080 395 Dividends Equipment 375 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