Homework Answers
CRANE CORPORATION
Statement of comprehensive income
| Particulars | Amount |
| Net Sales | $1,227,100 |
| Cost of goods sold | $725,600 |
| Gross margin | $501,500 |
| Selling and administrative expenses | $330,700 |
| Operating Margin | $170,800 |
| Unrealized holding gain on available for sale debt securities (Other comprehensive/Accumulated income) | $22,000 |
| Comprehensive income | $148,800 |
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