The adjusted trial balance for Crane Company is given below: CRANE COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cr. $8,720 7,040 2,000 3,200 12,800 $2,880 4,640 After Adjustment Dr. Cr. $8,720 7,520 400 2,000 12,800 $3,840 4,640 880 0 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Shares Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense 640 1,440 8,000 4,400 8,000 4,400 2,240 2,240 27,200 9,680 27,680 10,480 14,480 13,600 0 1,600 0 8,640 Supplies Expense Rent Expense Insurance Expense Depreciation Expense 1,600 8,640 1,200 0 0 960 $58,240 $58,240 $60.560 $60.560 Prepare the income statement for the year ended August 31. CRANE COMPANY Income Statement $ $ Prepare the income statement for the year ended August 31. CRANE COMPANY Income Statement $ $ $ Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) CRANE COMPANY Retained Earnings Statement $ $ Prepare the classified balance sheet at August 31. (List Current Assets in order of liquidity.) CRANE COMPANY Balance Sheet Assets $ $ $ Liabilities and Shareholders' Equity $ $ $