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The following balances were taken from the books of Crane Corp. on December 31, 2025. Assume the total effective tax rate on all items is 20% . Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round carnings share to 2 decimal places, eg. 1.48. List other revenues and gains before other expenses and losses).

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The following balances were taken from the books of Crane Corp. on December 31, 2025. Assume the total effective tax rate on all items is 20% . Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round carnings share to 2 decimal places, eg. 1.48. List other revenues and gains before other expenses and losses)

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