Presented below is information related to Barella Company at December 31, 2020, the end of its fiscal year:

Allocation to non-controlling interest

$10,200

Cost of goods sold

200,000

Dividends declared and paid

4,000

Financing costs

10,000

Gain on sale of plant assets

40,000

Loss on discontinued operations

11,000

Selling and administrative expenses

68,000

Sales revenue

380,000

(Ignore income taxes)

Required: Compute the following:

(a) income from operations (15 points)

(b) net income (20 points)

(c) net income attributable to Barella Company shareholders (10 points)