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Crane Corporation had income from continuing operations of $10,814,300 in 2020. During 2020, it disposed of its restaurant division at an after-tax loss of $203,200.

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Crane Corporation had income from continuing operations of $10,814,300 in 2020. During 2020, it disposed of its restaurant division at an after-tax loss of $203,200. Prior to disposal, the division operated at a loss of $319,600 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as adiscontinued operation). Crane had 10,000,000 shares of common stock outstanding during 2020. Prepare a partial income statement for Crane beginning with income from continuing operations. (Round earnings per share to 2 decimal places, eg. 148.) CRANE CORPORATION Income Statement (Partial)

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