You are presented with the following alphabetical list of accounts and balances (in thousands) for Crane Enterprises Inc at June 30, 2018. All accounts we a normal balance ant payable 100 Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Buildings Cash Common shares Cost of goods sold Dividends declared Equipment Income tax expense $3,300 Income tax payable $ 100 2,900 Interest expense 4,300 Land 7,300 1,000 Long-term investments 3,400 13,700 Inventory 5,000 1.500 Mortgage payable, due 2025 13,700 4,900 Office expense 3,600 12,300 Prepaid insurance 2,200 Retained earnings 2,700 Sales 22,900 1,200 In addition to this information common shares in the amount of $2,000 were issued during the year and $1.300 of the mortage is currently due Prepare an income statement for the year. (Enter amounts in thousands) CRANE ENTERPRISES INC. Income Statement Prepare a statement of changes in equity for the year. (Enter amounts in thousands. If an amount reduces the account balance then enter with negative sign or parenthes CRANE ENTERPRISES INC. Statement of Changes in Equity