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Crane Company has a tax rate of 30 percent and income before non-operating items of $1393000. It also has the following items (gross amounts). $222500

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Crane Company has a tax rate of 30 percent and income before non-operating items of $1393000. It also has the following items (gross amounts). $222500 605000 Unusual loss Discontinued operations loss Gain on disposal of equipment Change in accounting principle increasing prior year's income 49500 317000 What is the amount of income tax expense Crane would report on its income statement

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