Question: Current Attempt in Progress Your answer is partially correct. The following accounts appeared on the trail balance of Crane Company at December 31, 2020. $

Current Attempt in Progress Your answer is partially correct. The following accounts appeared on the trail balance of Crane Company at December 31, 2020. $ 195,000 Accounts Receivable $ 580,000 Notes Payable (short-term) Accumulated Depreciation - Bldg. 710,000 Prepaid Insurance 50,000 Supplies 38,000 Common Stock 1,225,000 29,000 Unappropriated Retained Earnings 280,000 260,000 Inventory 1,480,250 Salaries and Wages Payable Debt Investments (long-term) Cash Bonds Payable Due 1/1/2028 Allowance for Doubtful Accts. 180,000 Land 450,000 1,000,000 77,000 7.300 Trading Securities Interest Payable Buildings 5.400 Copyrights 185,000 1,300,000 130.000 Accounts Payable 420,000 Notes Receivable (due in 6 months) Income Taxes Payable Preferred Stock 165,000 Additional Paid-in Capital 190,000 800,000 Appropriated Retained Earnings 300,000 Preferred Stock 800,000 Appropriated Retained Earnings 300,000 Compute each of the following: 1 Total current assets $ 2397950 2 Total property, plant, and equipment $ 1040000 3. Total assets $ 4013450 4. Total current liabilities $ 814000 5. Total stockholders' equity $
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