Question: Type or paste question here Crane Company's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2018 activities are presented

Type or paste question here Crane Company's balance sheet accounts as ofDecember 31, 2021 and 2020 and information relating to 2018 activities areType or paste question here

Crane Company's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2018 activities are presented below. December 31, 2021 2020 Assets Cash $ 442000 $ 202000 Short-term investments 600000 Accounts receivable (net) 1010000 1010000 Inventory 1380000 1210000 Long-term investments 401000 600000 Plant assets 3410000 1980000 Accumulated depreciation (899000) (899000) Patent 179000 201000 Total assets $6523000 $4304000 Liabilities and Stockholders' Equity $1670000 $1440000 Accounts payable and accrued liabilities Notes payable (nontrade) 581000 Common stock, $10 par 1639000 1420000 Additional paid-in capital 802000 501000 Retained earnings 1831000 943000 $6523000 $4304000 Total liabilities and stockholders' equity Information relating to 2021 activities: Net income for 2021 was $1490000. Cash dividends of $602000 were declared and paid in 2021. Equipment costing $1020000 and having a carrying amount of $322000 was sold in 2021 for $362000. A long-term investment was sold in 2021 for $322000. There were no other transactions affecting long-term investments in 2021. 21900 shares of common stock were issued in 2021 for $25 a share. Short-term investments consist of treasury bills maturing on 6/30/22. Net cash provided by Crane's 2021 financing activities was O $1730500. O $566500. O $526500. O $1128500

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