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Crane corporation had income from operations of $6,433,500. in addition, it suffered an unusual and infrequent pretax loss of $778,800 from a volcano eruption, interest revenue of $18,630, and a write-down on buildings of $56,090. the corporation’s tax rate is 30%. prepare a partial income statement for crane beginning with income from operations. the corporation had 4,958,200 shares of common stock outstanding during 2020. (round earnings per share to 2 decimal places, e. g. 1.48.)
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