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Crane Corporation has income from continuing operations of $266,800 for the year ended December 31,2025 . It also has the following items (before considering income
Crane Corporation has income from continuing operations of $266,800 for the year ended December 31,2025 . It also has the following items (before considering income taxes). 1. An unrealized loss of $73,600 on available-for-sale securities. 2. A gain of $27,600 on the discontinuance of a division (comprised of a $9,200 loss from operations and a $36,800 gain on disposal). Assume all items are subject to income taxes at a 20% tax rate. Prepare a partial income statement, beginning with income from continuing operations. CRANE CORPORATION Income Statement (Partial) $ $ Prepare a statement of comprehensive income
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