The following is an incomplete statement of common shareholders equity (in millions of dollars).

Balance, December 31, 2004 $760

Net income ?

Common dividends ?

Issue of common stock $102

Unrealized gain on available-for-sale securities $8

Foreign currency translation loss$(6)

Balance, December 31, 2005 $963

The firm has no net debt (a pure equity firm) and reported an after-tax operating profit margin of 12 % on sales of $912 million in its income statement for 2005. All operating expenses in the income statement are involved in generating core income.

Calculate the following for 2005:

(a) Net income and comprehensive income

(b) Free cash flow

(c) Dividends paid to common shareholders

(d) Core return on net operating assets (on beginning-of-year balance sheet)

(e) Asset turnover