Crane Corporation has outstanding at December 31, 2022, 49,500 shares of $18 par value, cumulative, 8% preferred stock and 200,500 shares of $8 par value common stock. All shares were outstanding the entire year. During 2022, Crane earned total revenues of $1,980,000 and incurred total expenses (except income taxes) of $1,190,000. Crane's income tax rate is 20%. (a1) Your answer is incorrect. Calculate Crane's 2022 net income. Net Income $ 1

A. Net Income = ??

B. Dividends = ??

C. Earnings per Share = ??

Crane Corporation has outstanding at December 31,2022,49,500 shares of $18 par value, cumulative, 8% preferred stock and 200,500 shares of $8 par value common stock. All shares were outstanding the entire year. During 2022, Crane earned total revenues of $1,980,000 and incurred total expenses (except income taxes) of $1,190,000. Crane's income tax rate is 20%. (a1) Your answer is incorrect Calculate Crane's 2022 net income Net income