These financial statement items are for Crane Company at year-end, July 31, 2020.

Salaries and wages payable		$3,764		Notes payable (long-term)		$3,780
Salaries and wages expense		57,582		Cash		6,552
Utilities expense		26,586		Accounts receivable		12,332
Equipment		47,880		Accumulated depreciation		7,560
Accounts payable		5,166		Owners Drawings		5,040
Service revenue		72,072		Depreciation expense		5,040
Rent revenue		8,190		Owners capital (beginning of the year)		60,480

The owner did not make any new investments during the year.

1. Prepare an income statement for the year.
2. Retained earnings statement
3. balance sheet