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Exercise 4-02 Presented below is information related to Viel Company at December 31, 2020, the end of its first year of operations. Sales revenue Cost

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Exercise 4-02 Presented below is information related to Viel Company at December 31, 2020, the end of its first year of operations. Sales revenue Cost of goods sold Selling and administrative expenses Gain on sale of plant assets Unrealized gain on available-for-sale debt investments Interest expense Loss on discontinued operations Dividends declared and paid $310,000 140,000 50,000 30,000 10,000 6,000 12,000 5,000 Compute the following: (a) Income from operations (b) Net income (c) Comprehensive income (d) Retained earnings balance at December 31, 2020 Click if you would like to Show Work for this question: Open Show Work

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