The pretax financial income of Crane Company differs from its taxable income throughout each of 4 years as follows. Pretax Year Financial Income Taxable Income Tax Rate 2020 $295,000 $181,000 35 % 2021 300,000 231,000 20 % 2022 341,000 252,000 20 % 2023 426,000 527,000 20 % Pretax financial income for each year includes a nondeductible expense of $32,800 (never deductible for tax purposes). The remainder of the difference between pretax financial income and taxable income in each period is due to one depreciation temporary difference. No deferred income taxes existed at the beginning of 2020.Prepare the income statement for 2021, beginning with income before income taxes. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Crane Company Income Statement (Partial) For the Year Ended December 31, 2021 Income before Income v $ Income Tax Expense V V $ V V Net Income / (Loss) V to