Compute the net income for the current year, assuming that there were no entries in the Retained Earn- ings account except for net income and a dividend declaration of $19,000 which was paid in the current year. E4.2 (LO 2, 3) (Compute Income Measures) Presented below is information related to Viel Com- pany at December 31, 2020, the end of its first year of operations. Sales revenue $310,000 Cost of goods sold 140,000 Selling and administrative expenses 50,000 Gain on sale of plant assets 30,000 Unrealized gain on available-for-sale debt investments 10,000 Interest expense 6,000 Loss on discontinued operations 12,000 5,000 Dividends declared and paid structions nome