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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 $286,540 Cost
Presented below is information related to Vaughn Company at December 31, 2025, the end of its first year of operations. Sales revenue $286,540 Cost of goods sold 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 (b) Net income (c) Comprehensive income $
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