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Current Attempt in Progress In its income statement for the year ended December 31, 2025, Crane Inc. reported the following condensed data. Operating expenses

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Current Attempt in Progress In its income statement for the year ended December 31, 2025, Crane Inc. reported the following condensed data. Operating expenses $721,000 Interest revenue $34,000 Cost of goods sold 1,258,000 Loss on disposal of plant assets 19,000 Interest expense 71,000 Sales revenue 2,360,000 Income tax expense 47,000 Sales discounts 160,000

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