Q1) Presented below is information related to Wise Company at December 31, 2020, the end of its first year of operations. Sales revenue $775,000 Cost of goods sold 350,000 Selling and administrative expenses 125,000 Gain on sale of plant assets 75,000 Unrealized gain on available-for-sale investments 25,000 Interest expense 15,000 Loss on discontinued operations 30,000 Allocation to noncontrolling interest 100,000 Dividends declared and paid 12,000 Instructions Compute the following: (a) income from operations, (b) net income, (c) net income attributable to Wise Company's controlling stockholders, (d) comprehensive income, and (e) retained earnings balance at December 31, 2020. Ignore income tax effects