Question: 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

 Current Attempt in Progress In its income statement for the year

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 $

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