In its income statement for the year ended December 31, 2025, Crane Inc. reported the following condensed data. Operating expenses $733,000 Interest revenue $46,000 Cost of goods sold 1,269,000 Loss on disposal of plant assets 29,000 Interest expense 83,000 Sales revenue 2,374,000 Income tax expense 58,000 Sales discounts 154,000 Prepare a multiple-step income statement. (List Other revenue and gains before Other expenses and losses.) Net Sales Sales Revenue Less Cost of Goods Sold Gross Profit CRANE INC. Income Statement For the Year Ended December 31, 2025 2374000 1269000 $ 110500