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Presented below is information related to Pina Company at December 31, 2017, the end of its first year of operations Sales revenue Cost of goods
Presented below is information related to Pina 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 $335,550 135,580 54,900 30,790 9,880 6,050 12,200 5,060 Compute the following: (a) Income from operations (b) Net income 145070 (c) Comprehensive income 146580 (d) Retained earnings balance at December 31, 2017 152550
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