View Policies Current Attempt in Progress For its fiscal year ending October 31, 2022, Crane Corporation reports the following partial data. Income before income taxes $530,000 Income tax expense (27% x $398,000) 107,460 Income from continuing operations 422,540 Loss on discontinued operations Net income 132,000 $290,540 The loss on discontinued operations was comprised of a $54,000 loss from operations and a $78,000 loss from disposal. The income tax rate is 27% on all items. (a) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number eg.-2.945 or parentheses eg. (2,945)) CRANE CORPORATION Partial Income Statement 3 Operations Loss on discontinued operations Net income 132,000 $290,540 The loss on discontinued operations was comprised of a $54,000 loss from operations and a $78,000 loss from disposal. The income tax rate is 27% on all items. (a) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number eg.-2,945 or parentheses eg. (2.945)) CRANE CORPORATION Partial Income Statement View Policies Current Attempt in Progress Teal Mountain Company has the following data: direct labor $205,000, direct materials used $176,400, total manufacturing overhead $204,200, and beginning work in process $24,500. (a) Compute total manufacturing costs. Total manufacturing costs $ Teal Mountain Company has the following data: direct labor $205,000, direct materials used: $204,200, and beginning work in process $24,500. (a) Compute total manufacturing costs. Total manufacturing costs $ Save for Later Compute total cost of work in process. Total cost of work in process Save for Later a L a Att L Attem