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Question 4 of 8 (11.25)/(30) Crane Travel Court was organized on July 1, 2024, by Betty Johnson. Betty is a good manager but a
Question 4 of 8\
(11.25)/(30)
\ Crane Travel Court was organized on July 1, 2024, by Betty Johnson. Betty is a good manager but a poor accountant. From the trial balance prepared by a part-time bookkeeper, Betty prepared the following income statement for her fourth quarter, which ended June 30, 2025.\ Crane Travel Court\ Income Statement\ For the Quarter Ended June 30, 2025\ Revenues\ Rent revenue\
$211,600
\ Operating expenses\ \\\\table[[Advertising expense,
$3,940
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