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Presented below is information related to Swifty Company at December 31, 2025, the end of its first year of oper Sales revenue Cost of goods

image text in transcribedimage text in transcribed Presented below is information related to Swifty Company at December 31, 2025, the end of its first year of oper Sales revenue Cost of goods sold $333,710 133,680 Selling and administrative expenses 48,500 Gain on sale of plant assets 27,360 Unrealized gain on available-for-sale debt investments 10,450 Interest expense 5.460 Loss on discontinued operations 11,570 Dividends declared and paid 4.990 Compute the following: (Ignore income tax effects.) (a) Income from operations $ (b) Net income $ (c) Comprehensive income $ Compute the following: (Ignore income tax effects.) (a) Income from operations $ (b) Net income 6 (c) Comprehensive income (d) Retained earnings balance at December 31, 2025 $

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