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Crane Company received the following selected information from its pension plan trustee concerning the operation of the company's defined benefit pension plan for the year

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Crane Company received the following selected information from its pension plan trustee concerning the operation of the company's defined benefit pension plan for the year ended December 31,2025 . The service cost component of pension expense for employee services rendered in the current year amounted to $78,000 and the amortization of prior service cost was $121,300. The compamy's actual funding (contributions) of the plan in 2025 amounted to \$247,000. The expected return on plan assets and the actual rate were both 105c; the interest/discount (settlement) rate was 10N. Accumulated other comprehensive income (PSG) had a balance of $1,213,000 on January 1, 2025. Assume no benefits paid in 2025 . Components of Pension Expense Account Titles and Explanation Debit Credit Pension Expense 270100 Pension Asset/Lability Other Comorehenslve incorive (G/M) Cash Other Comprehenslve Income (PSC) eTextbook and Media Indicate the pension-related amounts that would be reported on the income statement for Crane Company for the year 2025. CRANE COMPANY Income statement (Partial) For the Year Ended December 31, 2025 Operating Expenses Pension Experse 5 270100 Other income/ Expenses Pension Expense eTextbook and Media List of Accounts Sain for Liter Attempts: unlimited Submit Anwwer CRANE COMPANY Comprehensive Income statement For the Year Ended December 31,2025 Net Income / (Loss) Other Comprehenshe Income (Loss). Prior Service Cost Amortization e Textbookand Media List of Accounts Sivefor Late Lact saved 1 minute ago Attempts: unlimited Saved work will be auto submitted on the due date. Auto: submission can take 9 to 10 minutes. (c3) Saved work will be aitossubmitted on the due date Auto

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