Crane enterprises begin operations on January $1,2024.$ During $2024$ and $2025,$ the company entered into the following transactions

$1.$cash collected from customers during the year for services provided that year $2024-$$$51,1002025-$$$56,450$

$2.$ Accounts receivable at year end services provided on account during that year $2024-$$$12,0502025-$$$18,950$

$3.$ Cash collected from customers for services provided on account the previous year $2024-$$$02025-$$$12,050$

$4.$ Cash collected from customers for services to be provided the following year $2024-$$$4,7002025-$$$1,670$

$5.$ Services provided to customers who had paid cash in advance the previous year $2024-$$$02025-$$$4,700$

$6.$ Cash paid for operating expenses incurred during the year $2024-$$$16,8502025-$$$18,850$

$7.$ Accounts payable at year end for operating expenses incurred on account during the year $2024-$$$2,1602025-$$$3,110$

$8.$ Cash paid to creditors for operating expenses incurred on account during the previous year $2024-$$$02025-$$$2,160$

Calculate revenue, operating expenses and profit for $2024$ and $2025$ using accrual basis accounting