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Current Attempt in Progress Your answer is partially correct. The following information is available for Crane Corp. for the year ended December 3 1 ,
Current Attempt in Progress
Your answer is partially correct.
The following information is available for Crane Corp. for the year ended December
Prepare a multiplestep income statement for Crane Corp.
CRANE CORP.
Income Statement
For the Year Ended December
Net Sales
Sales Revenue
Less
Sales Returns and Allowances
$
Cost of Goods Sold
Operating Expenses
Other Expenses and Losses
Income from Overations
Other Revenues and Gains
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