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Crane Corporation began operations on January 1 , 2 0 2 2 . During its first 3 years of operations, Crane reported net income and

Crane Corporation began operations on January 1,2022. During its first 3 years of operations, Crane reported net income and declared dividends as follows.
\table[[,Net income,Dividends declared],[2022,$32,000,$-0-
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