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Crane Corporation had net sales of $2,417,100 and interest revenue of $37,500 during 2025 . Expenses for 2025 were cost of goods sold $1,452,900, administrative
Crane Corporation had net sales of $2,417,100 and interest revenue of $37,500 during 2025 . Expenses for 2025 were cost of goods sold $1,452,900, administrative expenses $221,200, selling expenses $282,700, and interest expense $45,100. Crane's tax rate is 30%. The corporation had 105,100 shares of common stock authorized and 63,378 shares issued and outstanding during 2025. Prepare a single-step income statement for the year ended December 31, 2025. (Round earnings per share to 2 decimal places, e.g. 1.48.)
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