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The adjusted trial balance for Crane's Animations is presented below. CRANE'S ANIMATIONS Adjusted Trial Balance December 31,2024 Gredit Debit Cash 4000 Accounts Recievable 4400

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The adjusted trial balance for Crane's Animations is presented below. CRANE'S ANIMATIONS Adjusted Trial Balance December 31,2024 Gredit Debit Cash 4000 Accounts Recievable 4400 prepaid Expenses 2400 Equipment 49000 18375 Accumulated depreciation equipment 5700 Accounts payable 9700 Unearned revenue 22050 M.Crane, Capital M. Chan, Drawing 17000 64200 Service Revenue Rent Expenses 9900 Salaries Expenses 25000 Depreciation Express 6004200 Supplies Expenses 2,200 Depreciation Expenses. 6125 (a) Prepare an income statement for the year. (b) prepare a statement of owner's equity for the year. Crane investment $ 5100 cash in the business during the year. (0) prepare a classified balance sheet at December 31, 2024 MM

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