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Presented below is information related to Vaughn Company at December 31, 2025, the end of its first year of operations. Sales revenue Cost of

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Presented below is information related to Vaughn Company at December 31, 2025, the end of its first year of operations. Sales revenue Cost of goods sold $286,540 133,170 Selling and administrative expenses 49,100 Gain on sale of plant assets 30,150 Unrealized gain on available-for-sale debt investments 9,150 Interest expense 6,040 Loss on discontinued operations 11,320 Dividends declared and paid 5,230 Compute the following: (Ignore income tax effects.) (a) Income from operations 153370 (b) Net income 166160 (c) Comprehensive income 175310 (d) Retained earnings balance at December 31, 2025 160930

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