Crane Corporation's trial balance at December 31, 2022, is presented below. All 2022 transactions have been...

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Crane Corporation's trial balance at December 31, 2022, is presented below. All 2022 transactions have been recorded except for the items described below. Debit Credit Cash $32,130 Accounts Receivable 64,260 Inventory 28,602 Land 81,900 Buildings 119,700 Equipment 50,400 Allowance for Doubtful Accounts Accumulated Depreciation-Buildings $567 37,800 Accumulated Depreciation-Equipment 18,144 Accounts Payable 24,318 Interest Payable -0- Dividends Payable Unearned Rent Revenue -0- 10,080 Bonds Payable (10%) 63,000 Preferred Stock ($20 par) -0- Paid-in Capital in Excess of Par-Preferred Stock -0- Common Stock ($10 par) 37,800 Paid-in Capital in Excess of Par-Common Stock 7,560 Retained Earnings 94,563 Treasury Stock -0- Cash Dividends -0- Sales Revenue 718,200 Rent Revenue -0- Bad Debt Expense -0- Interest Expense -0- Cost of Goods Sold 504,000 Depreciation Expense -0- Other Operating Expenses 49,140 Salaries and Wages Expense 81,900 Total $1,012,032 $1,012,032 Unrecorded transactions and adjustments: 1. On January 1, 2022, Crane issued 1,260 shares of $20 par, 6% preferred stock for $27,720. 2. On January 1, 2022, Crane also issued 1,260 shares of common stock for $28,980. 3. Crane reacquired 378 shares of its common stock on July 1, 2022, for $49 per share. 4. On December 31, 2022, Crane declared the annual cash dividend on the preferred stock and a $1.50 per share dividend on the outstanding common stock, all payable on January 15, 2023. 5. Crane estimates that uncollectible accounts receivable at year-end are $6,426. 6. The building is being depreciated using the straight-line method over 30 years. The salvage value is $6,300. 7. The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $5,040. 8. 9. The unearned rent was collected on October 1, 2022. It was receipt of 4 months' rent in advance (October 1, 2022 through January 31, 2023). The 10% bonds payable pay interest every January 1. The interest for the 12 months ended December 31, 2022, has not been paid or recorded. (Ignore income taxes.) Crane Corporation's trial balance at December 31, 2022, is presented below. All 2022 transactions have been recorded except for the items described below. Debit Credit Cash $32,130 Accounts Receivable 64,260 Inventory 28,602 Land 81,900 Buildings 119,700 Equipment 50,400 Allowance for Doubtful Accounts Accumulated Depreciation-Buildings $567 37,800 Accumulated Depreciation-Equipment 18,144 Accounts Payable 24,318 Interest Payable -0- Dividends Payable Unearned Rent Revenue -0- 10,080 Bonds Payable (10%) 63,000 Preferred Stock ($20 par) -0- Paid-in Capital in Excess of Par-Preferred Stock -0- Common Stock ($10 par) 37,800 Paid-in Capital in Excess of Par-Common Stock 7,560 Retained Earnings 94,563 Treasury Stock -0- Cash Dividends -0- Sales Revenue 718,200 Rent Revenue -0- Bad Debt Expense -0- Interest Expense -0- Cost of Goods Sold 504,000 Depreciation Expense -0- Other Operating Expenses 49,140 Salaries and Wages Expense 81,900 Total $1,012,032 $1,012,032 Unrecorded transactions and adjustments: 1. On January 1, 2022, Crane issued 1,260 shares of $20 par, 6% preferred stock for $27,720. 2. On January 1, 2022, Crane also issued 1,260 shares of common stock for $28,980. 3. Crane reacquired 378 shares of its common stock on July 1, 2022, for $49 per share. 4. On December 31, 2022, Crane declared the annual cash dividend on the preferred stock and a $1.50 per share dividend on the outstanding common stock, all payable on January 15, 2023. 5. Crane estimates that uncollectible accounts receivable at year-end are $6,426. 6. The building is being depreciated using the straight-line method over 30 years. The salvage value is $6,300. 7. The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $5,040. 8. 9. The unearned rent was collected on October 1, 2022. It was receipt of 4 months' rent in advance (October 1, 2022 through January 31, 2023). The 10% bonds payable pay interest every January 1. The interest for the 12 months ended December 31, 2022, has not been paid or recorded. (Ignore income taxes.)