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The following accounts appeared on the trail balance of Crane Company at December 31, 2020. Notes Payable (short-term) $195,000 Accounts Receivable $560,000 Accumulated Depreciation

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The following accounts appeared on the trail balance of Crane Company at December 31, 2020. Notes Payable (short-term) $195,000 Accounts Receivable $560,000 Accumulated Depreciation - Bldg. 700,000 Prepaid Insurance 53,000 Supplies 41,000 Common Stock 1,025,000 Salaries and Wages Payable 28,000 Unappropriated Retained Earnings 260,000 Debt Investments (long-term) 280,000 Inventory 1,580,300 Cash 130,000 Land 400,000 Bonds Payable Due 1/1/2028 1,295,000 Trading Securities 72,000 Allowance for Doubtful Accts. 7,600 Interest Payable 5,700 Copyrights 185,000 Buildings 1,800,000 Notes Receivable (due in 6 months) 130,000 Accounts Payable 420,000 Income Taxes Payable 155,000 Additional Paid-in Capital 130,000 Preferred Stock 800,000 Appropriated Retained Earnings 210,000 Compute each of the following: 1. Total current assets 2. Total property, plant, and equipment 3. Total assets 4. Total current liabilities 5. Total stockholders' equity +A +A +A +A 64 2573900 1500000 4538900 803700 2425000

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