Instructions Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $19,000 which was paid in the current year E4.2 (LO2,4) (Compute Income Measures) Presented below is information related to Viel Company at December 31, 2017, 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 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