For the year ended December 31, 2022, the job cost sheets of Crane Company contained the following data. Job Number Direct Materials Direct Labor Manufacturing Overhead Total Costs Explanation $30,240 $36,288 $98,028 7640 $31,500 Balance 1/1 45,360 37,800 54,432 137,592 Current year's costs 22,680 27,216 63,756 13,860 7641 Balance 1/1 72,576 187,236 54,180 60,480 Current year's costs 83,160 225,540 73,080 69,300 7642 Current year's costs Other data: 30F O 1. Raw materials inventory totaled $18,900 on January 1. During the year, $176,400 of raw materials we account. 2. Finished goods on January 1 consisted of Job No. 7638 for $109,620 and Job No. 7639 for $115,920. 3. Job No.7640 and Job No.7641 were completed during the year. 4. Job Nos. 7638.7639, and 7641 were sold on account for $667.800. 5. Manufacturing overhead incurred on account totaled $151,200. 6. Incurred depreciation on factory machinery $10,080. 7. Assigned indirect materials of $17.640 and indirect labor of $22,680. data: Raw materials inventory totaled $18,900 on January 1. During the year, $176,400 of raw materials were purchased on account. Finished goods on January 1 consisted of Job No. 7638 for $109,620 and Job No. 7639 for $115,920. Job No. 7640 and Job No.7641 were completed during the year. Job Nos. 7638,7639, and 7641 were sold on account for $667,800. Manufacturing overhead incurred on account totaled $151,200. Incurred depreciation on factory machinery $10,080. Assigned indirect materials of $17,640 and indirect labor of $22.680. (c) Prepare an income statement through gross profit for 2022. CRANE COMPANY Income Statement (partial) . Sales Revenue