View Policies Current Attempt in Progress In its income statement for the year ended December 31, 2025, Crane Inc. reported the following condensed data. Operating expenses $711,000 Interest revenue $24,000 Cost of goods sold Interest expense 1,247,000 Loss on disposal of plant assets 8,000 61,000 Sales revenue 2,333,000 Income tax expense 38,000 Sales discounts 164,000 Prepare a multiple-step income statement. (List Other revenue and gains before Other expenses and losses.) CRANE INC. Income Statement $ D Ch 5: Homework education.wiley.com Ch 5 Homework NWP At Player Application Question 10 of 10 CRANE INC. Income Statement For the Manth Ended December 31, 2025 For the Year Ended December 31, 2025 December 31, 2025 -/1 1 $ Dividends Gross Profit Income Before Income Taxes Income From Operations Net Income/ (Loss) Net Sales Operating Expenses Other Expenses and Losses Other Revenues and Gains Retained Earnings, January 1 Attempts: unlimited Submit