These items are taken from the financial statements of Crane Corporation for the year ended December 31, 2021: Retained earnings, January 1 $213,000 Cash 12,900 Salaries payable 3,000 Utilities expense 2,000 Equipment 56,000 Accounts payable 15,000 Buildings 63,000 Common shares 35,200 Dividends declared 2,000 Service revenue 217,900 Prepaid insurance 2,000 Repairs and maintenance expense 3,300 Land 180,000 Depreciation expense 6,200 Accounts receivable 13,700 Insurance expense 1,700 Salaries expense 124,300 Accumulated depreciation-equipment 18,600 Income tax expense 6,000 Supplies 200 Operating expense 39,400 Supplies expense 1,000 Bank loan payable, due 2024 13,000 Trading investments 19,500 Accumulated depreciation-buildings 18,500 Interest expense 1,500 Interest revenue 500