Presented below is information related to Watt Company in its first year of operation. The following information is provided at December 31, 2015, the end of its first year. Sales revenue 420,000 Cost of good sold 210,000 Selling and administrative expenses 75,000 Gain on sale of plant assets 45,000 Unrealized gain on non-trading securities 15,000 Financing costs 10,000 Loss on discontinued operations 20,000 Allocation to non-controlling interest 60,000 Dividends declared and paid 12,000

Compute the following (a) income from operations, (b) net income, (c) net income attributable to Watt Company shareholders, (d) comprehensive income, (e) retained earnings balance at December 31, 2015