Presented below is information related to Viel Company at December 31, 2017, the end of its first year of operations. (Compute Income Measures)

Sales revenue $310,000

Cost of goods sold 140,000

Selling and administrative expenses 50,000

Gain on sale of plant assets 30,000

Unrealized gain on available-for-sale investments10,000

Interest expense 6,000

Loss on discontinued operations12,000

Dividends declared and paid 5,000

Compute the following: (a) income from operations, (b) net income, (c) comprehensive income, and (d) retained earnings bal-ance at December 31, 2017. (Ignore income tax effects.)