Presented below is an income statement for Crane Company for the year ended December 31, 2020.

Crane Company Income Statement For the Year Ended December 31, 2020
Net sales		$786,000
Costs and expenses:
Cost of goods sold		555,000
Selling, general, and administrative expenses		77,000
Other, net		30,000
Total costs and expenses		662,000
Income before income taxes		124,000
Income taxes		37,200
Net income		$86,800

Additional information:

1.		"Selling, general, and administrative expenses" included a usual but infrequent charge of $8,000 due to a loss on the sale of investments.
2.		"Other, net" consisted of interest expense, $10,000, and a discontinued operations loss of $20,000 before taxes. If the discontinued operations loss had not occurred, income taxes for 2020 would have been $43,200 instead of $37,200.
3.		Crane had 20,000 shares of common stock outstanding during 2020.

Using the single-step format, prepare a corrected income statement, including the appropriate per share disclosures.