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Use the following single-step income statement of Crane Company to prepare a multiple step version. (List other revenues and gains before other expenses and losses.)
Use the following single-step income statement of Crane Company to prepare a multiple step version. (List other revenues and gains before other expenses and losses.) Crane Company Income Statement For the Year Ended December 31, 2025 Net sales Gain on the sale of investments Cost of goods sold Operating expenses Interest expense Net income $136,000 2,400 74,700 34,400 1,300 $138,400 110,400 $28,000 Crane Company Income Statement $ Use the following single-step income statement of Crane Company to prepare a multiple step version. (List other revenues and gains before other expenser and losses)
Use the following single-step income statement of Crane Company to prepare a multiple step version. (List other revenues and gains before other expenses and losses.) Crane Company Income Statement For the Year Ended December 31, 2025 Net sales Gain on the sale of investments Cost of goods sold Operating expenses Interest expense Net income $136,000 2,400 74,700 34,400 1,300 $138,400 110,400 $28,000 Crane Company Income Statement $
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