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Presented below is information related to Bramble Company at December 31, 2020, the end of its first year of operations. Sales revenue $307,460 Cost of
Presented below is information related to Bramble Company at December 31, 2020, the end of its first year of operations. Sales revenue $307,460 Cost of goods sold 130,760 Selling and administrative expenses 54,100 Gain on sale of plant assets 29,580 Unrealized gain on available-for-sale debt investments 9,010 Interest expense 6,400 Loss on discontinued operations 13,050 Dividends declared and paid 5,300 Compute the following: (a) Income from operations $ (b) Net income (c) Comprehensive income $ $ (d) Retained earnings balance at December 31, 2020
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