Question: please answer all questions. i asked the question before and was given wrong answer and was also incomplete. dont waste my chances please. do not


The ledger of Crane Corporation at November 30, 2021, contains the following summary data: Cash dividends-common $71,500 $1.123.000 Operating expenses Other comprehensive income-loss on equity Investments (before income tax) Cash dividends-preferred 25,000 93,000 326,500 Rent revenue 61.000 Common shares Cost of goods sold Depreciation expense 7.410.000 403,000 Preferred shares ($5 noncumulative) Retained earnings, December 1, 2020 363.000 754.000 Sales 9.033.000 Your analysis reveals the following additional information: 1 2 The company has a 25% income tax rate. The communications devices division was discontinued on August 31. The profit from operations for the division up to that day was $19.600 before Income tax. The division was sold at a loss of $81.500 before income tax There were 200.000 common and 5.000 preferred shares issued on December 1, 2020, with no changes during the year. 3 Prepare a multiple-step income statement for the year CRANE CORPORATION Income Statement CRANE CORPORATION Income Statement v > > v $ Samnings per share $ Sarnings per share Question Part Score --/19 Prepare a statement of comprehensive income as a separate statement CRANE CORPORATION Statement of Comprehensive Income Question Part Score
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