The income statement of Crane Company for the month of July shows net income of $1,600 based on Service Revenue $4,400, Salaries and Wages Expense $1,680, Supplies Expense $720, and Utilities Expense $400. In reviewing the statement, you discover the following: 1. Insurance expired during July of $280 was omitted. 2. Supplies expense includes $160 of supplies that are still on hand at July 31. 3. Depreciation on equipment of $120 was omitted. 4. 5. Unpaid wages at July 31 of $288 were not included. Services performed but unrecorded totaled $560. CRANE COMPANY Income Statement $