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The following are the financial statements of Crane Lta. Additional Information: 1. Dividends declared and paid were 521,200 . Crane reports under IFFS and dses

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The following are the financial statements of Crane Lta. Additional Information: 1. Dividends declared and paid were 521,200 . Crane reports under IFFS and dses not report dividends as eperating octh. 2. During the y6ar, equipenent was sold for 39,010cash. This equlomert cass 519,090 originally and had a carrying value 59,010 at the time of sale. 3. Al depreciation eqense, 515,370 , is included in the cperatisg ogchses 4. All sales and purchases are on account. z.15

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