Current Attempt in Progress Presented below is information for Crane Co. for the month of January 2022 $214200 Rent expense $32.600 9,800 Sales discounts 8.200 Cost of goods sold Freight-out Insurance expense Salaries and wages expense 12 500 Sales returns and allowances 19.000 62.500 Sales revenue 397 000 Income tax expense 5,500 Other comprehensive income (not of 5400 tax) 2.000 Prepare a comprehensive income statement. CRANE CO. Comprehensive Income Statement For the Month Ended January 31, 2022 Net Income /(Loss) 37200 Other Comprehensive Income /(Loss) 2000 Comprehensive Income/(Loss) 35200 (c) Calculate the profit margin and the gross profit rate. (Round answers to 1 decimal place, eg. 15.2%.) Profit margin % Gross profit rate %