Crane, Inc. has the following data for the year ended decemeber 31,2020.

prepare a mulitple-step income statement for crane inc. for the year ended decemeber 31,2020.

Current Attempt in Progress Crane, Inc. has the following data for the year ended December 31, 2020: Net sales $272,300 Loss on disposal of discontinued operation 22,100 Cost of goods sold 167,200 Interest expense 5,800 Selling expenses 16,800 Administrative expenses 35,410 Shares of capital stock outstanding 20,000 Tax rate of 30% on all items Prepare a multiplie-step intome statement for Crane, Inc. for the year ended December 31, 2020. (Round earnings per share answers to 2 decimal places, eg 5.25) Crane Inc. Income Statement Your Ended December 31 2020 Net Sales 22:100