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These items are taken from the financial statements of Crane Company at December 31, 2022 Buildings $133,308 Accounts receivable 15,876 Prepaid insurance 4,032 Cash 14,918

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These items are taken from the financial statements of Crane Company at December 31, 2022 Buildings $133,308 Accounts receivable 15,876 Prepaid insurance 4,032 Cash 14,918 Equipment 103,824 Land 77.112 Insurance expense 983 Depreciation expense 6,678 Interest expense 3.276 Common stock 75,600 Retained earnings (January 1, 2022) 50,400 Accumulated depreciation-buildings 57,456 Accounts payable 11.970 Notes payable 117.936 Accumulated depreciation equipment 23,587 Interest payable 4,536 Prepare a classified balance sheet. Assume that $17,136 of the note payable will be paid in 2023. (List Current Assets in order of aliquidity and Property, Plant and Equipment in order of Land Buildings and Equipment.) CRANE COMPANY Balance Sheet Assets $ 11 Qu Liabilities and Stockholders' Equity QUE M Ques Equity $

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