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View Policies Current Attempt in Progress Presented below is information related to Marigold Company at December 31, 2025, the end of its first year of
View Policies Current Attempt in Progress Presented below is information related to Marigold Company at December 31, 2025, the end of its first year of operations. Sales revenue $308,620 Cost of goods sold 146,950 Selling and administrative expenses 49,300 Gain on sale of plant assets 29,000 Unrealized gain on available-for-sale debt investments 9,620 Interest expense 5,960 Loss on discontinued operations 11,960 Dividends declared and paid 4,550 Compute the following: (Ignore income tax effects.) (a) Income from operations (b) Net income (c) Comprehensive income to (d) Retained earnings balance at December 31, 2025 $
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