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

Sales revenue $286,540

Cost of goods sold 133,170

Selling and administrative expenses 49,100

Gain on sale of plant assets 30,150

Unrealized gain on available-for-sale investments 9,150

Interest expense 6,040

Loss on discontinued operations 11,320

Dividends declared and paid 5,230

Compute the following:

(a) Income from operations $

(b) Net income $

(c) Comprehensive income $

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

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