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Presented below is information related to Aussie Inc. for the current year: Unrealized Loss on AFS Debt Net Sales 13,000 800 Securities Depreciation Omitted by

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Presented below is information related to Aussie Inc. for the current year: Unrealized Loss on AFS Debt Net Sales 13,000 800 Securities Depreciation Omitted by Cost of Goods Sold 7,800 550 accident in the previous year Selling Expenses 650 Casualty loss 500 Administrative Expenses 480 Cash dividends Declared 450 Beginning Balance of 9800 Dividend revenue 200 Retained Earnings 20% Tax Rate 70 Interest Revenue Required: for Aussie 1. Compute Net Income for Aussie 2. Compute Comprehensive Income 2. Assuming 600 common shares were outstanding for the entire year, compute the company's earnings per share for Net Income. Round to the nearest hundredth. 3. Compute the balance of Retained Earnings as of the end of the year

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