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help i am studying (7) In 2022, Crane Corporation had net sales of $606,000 and cost of goods sold of $356,000,0 perating expenses were $148,000,

help i am studying (7)
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In 2022, Crane Corporation had net sales of $606,000 and cost of goods sold of $356,000,0 perating expenses were $148,000, and interest expense was $8.000. The corporation's tax rate is 20%. The corporation declared preferred dividends of $14,000 in 2022 , and its average common stockholders' equity during the year was $195,000. (a) Prepare an income statement for Crane Corporation

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