Presented below is information related to viel company at

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Presented below is information related to Viel Company at December 31, 2014, the end of its first year of operations.

Sales revenue
$304,760
Cost of goods sold
143,470
Selling and administrative expenses
52,520
Gain on sale of plant assets
28,570
Unrealized gain on available-for-sale investments
11,270
Interest expense
6,360
Loss on discontinued operations
11,190
Allocation to noncontrolling interest
40,740
Dividends declared and paid
4,980

Compute the following:

a) Income from operations

b) Net Income

c) Net income from attributable to Viel Company's controlling shareholds

d) Comprehensive income

e) Retained earnings balance at December 31, 2014

Reference no: EM13588482

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