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Compute the comprehensive income

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Question -

Presented below is information related to Sweet Company at December 31, 2017, the end of its first year of operations.

Sales revenue$308,760Cost of goods sold142,980Selling and administrative expenses52,600Gain on sale of plant assets28,760Unrealized gain on available-for-sale investments9,390Interest expense5,580Loss on discontinued operations11,280Dividends declared and paid4,870

Compute the following:

(a) Income from operations $

(b) Net income $

(c) Comprehensive income $

(d) Retained earnings balance at December 31, 2017 $

Reference no: EM131563080

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