View Policies Show Attempt History Current Attempt in Progress The following information relates to Crane Co. for the year 2022 Owner's capital, January 1, 2022 $70,574 Advertising expense $2,647 Owner's drawings during 2022 8.822 Rent expense 15,291 Service revenue 93.511 Utilities expense 4.558 Salaries and wages expense 43,374 (a1) Your answer is partially correct O 0.12/4 10:26AM 980 2022 Your answer is partially correct. After analyzing the data, prepare an income statement for the year ending December 31, 2022. CRANE CO. Income Statement For the Year Ended December 31, 2022 Owner's Capital December 31 Net Income/Loss) hp A 488 10:26 AM 1/10/2022 Question 4 of 5 < 0.12/4 eTextbook and Media List of Accounts Save For Later Attempts: unlimited Submit Amer 18:26 AM D 1/10/2002 Question 4 of 5 0.12/4 E After analyzing the data, prepare an owner's equity statement for the year ending December 31, 2022. (List items that increase owner's equity first.) CRANE CO. Owner's Equity Statement 1027 AM D