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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 $711,000
Current Attempt in Progress In its income statement for the year ended December 31, 2025, Crane Inc. reported the following condensed data. Operating expenses $711,000 Interest revenue $24,000 Cost of goods sold Interest expense 1,247,000 Loss on disposal of plant assets 8,000 61,000 Sales revenue 2,333,000 Income tax expense 38,000 Sales discounts 164,000 Prepare a multiple-step income statement. (List Other revenue and gains before Other expenses and losses.) CRANE INC. Income Statement $
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