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Presented below is information related to Crane Company at December 31, 2020, the end of its rst year of operations. Sales revenue $788,000 Cost of

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Presented below is information related to Crane Company at December 31, 2020, the end of its rst year of operations. Sales revenue $788,000 Cost of goods sold 354,000 Selling and administrative expenses 152,000 Unusual gain on sale of plant assets 76,000 Unrealized gain on available-for-sale investments 40,000 Interest expense 17,000 Loss on discontinued operations 50,000 Allocation to noncontrolling interest 125,000 Dividends declared and paid 13,000 Compute the following. Ignore income tax effects. (a) Income from operations $:] (b) Net income 1:: (c) Net income attributable to Crane Company's controlling stockholders $|:] (d) Comprehensive income $|: (e) Retained earnings balance at December 31, 2020 $|:]

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