Crane Corporation had net sales of $$2,406,100$ and interest revenue of $$33,400$ during $2025.$ Expenses for $2025$ were cost of goods

sold $$1,450,300,$ administrative expenses $$214,900,$ selling expenses $$290,300,$ and interest expense $$46,200.$ Crane's tax rate is $30\%.$

The corporation had $102,100$ shares of common stock authorized and $69,650$ shares issued and outstanding during $2025.$ Prepare a

condensed multiple$-$step income statement for Crane Corporation. $($Round earnings per share to $2$ decimal places, eg$.1\mathrm{.}48.)$

CRANE CORPORATION

Income Statement

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