Question
i need help please Presented below is information related to Blossom Company at December 31, 2017, the end of its first year of operations. Sales
i need help please
Presented below is information related to Blossom Company at December 31, 2017, the end of its first year of operations. Sales revenue $282,670 Cost of goods sold 147,300 Selling and administrative expenses 49,900 Gain on sale of plant assets 28,660 Unrealized gain on available-for-sale investments 10,390 Interest expense 6,030 Loss on discontinued operations 11,260 Dividends declared and paid 5,190
Compute the following:
(a) Income from operations $ Entry field with correct answer
(b) Net income $ Entry field with incorrect answer
(c) Comprehensive income $ Entry field with incorrect answer
(d) Retained earnings balance at December 31, 2017 $ Entry field with incorrect answer
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