Question: AC114 Unit 1 Lab Assignment Question 13 of 13 View Policies Current Attempt in in Progress < Crane Company had the following assets and

AC114 Unit 1 Lab Assignment Question 13 of 13 View Policies Current Attempt in in Progress < Crane Company had the following assets and liabilities on the dates indicated December 31 Total Assets Total Liabilities 2021 $482,000 $329,000 20221 $542.000 $379.000 2023 $672,000 $479,000 Crane began business on January 1.2021, with an investment of $90,000 From an analysis of the change in tower's equity shiring the year, compute the net income lot Jussi for (a) 2021. assuming Crane's drawings were $16,000 for the year, for 2021 (b) 2022 ming Crane made an additional waistment of $49.000 and had drawings 2022 for 2022 -/10 E!

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