RE-LECTURE ASSIGNMENT #1: CHAPTER 5 Question 4 The following selected accounts from Crane Corporations general ledger are presented below for the year ended December 31, 2021: Accounts payable $88,200 Equipment $1,497,600 Accounts receivable 133,200 Income tax expense 118,800 Accumulated depreciationequipment 515,700 Insurance expense 115,200 Cash 10,800 Inventory 336,600 Common shares 270,000 Prepaid expenses 40,500 Cost of goods sold 1,732,500 Retained earnings 608,400 Depreci