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Please help, I cannot figure out this question and I keep getting it wrong. This is for a test grade and I would really appreciate
Please help, I cannot figure out this question and I keep getting it wrong. This is for a test grade and I would really appreciate your help! Presented below is information related to Splish Company at December 31, 2020, the end of its first year of operations. Sales revenue $334910 Cost of goods sold 149030 Selling and administrative expenses 54000 Gain on sale of plant assets 32710 Unrealized gain on available-for-sale debt investments 9080 Interest expense 6360 Loss on discontinued operations 11260 Dividends declared and paid 4660 Compute the following: (a) Income from operations 131880 (b) 158230 Net income Comprehensive income (c) 156050 (d) Retained earnings balance at December 31, 2020 $ 153570
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