Question: Exercise 5-07 (Part Level Submission) Presented below is information for Crane Co. for the month of January 2022. Cost of goods sold $217,400 Rent expense

Exercise 5-07 (Part Level Submission) Presented below is information for Crane Co. for the month of January 2022. Cost of goods sold $217,400 Rent expense Freight-out 7,500 Sales discounts Insurance expense 13,800 Sales returns and allowances Salaries and wages expense 61,400 Sales revenue Income tax expense 4,100 Other comprehensive income (net of $400 tax) $34,200 9,200 17,700 390,000 2,000 (b) Prepare a comprehensive income statement. CRANE CO. Comprehensive Income Statement
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