The following information relates to Crane Co. for the year 2022.

Owner's capital, January 1, 2022 $70,574 Advertising expense $ 2647

Owner's drawings during 2022 $8,822 Rent expense $15,291

Service revenue $93,511 Utilities expense $4,558

a1)

After analyzing the data, prepare an income statement for the year ending December 31, 2022

Prepare a Income Statement for Crane Co. "For the Year Ended December 31, 2022