Question - Presented below is information related to Viel Company at December 31, 2014, the end of its first year of operations.
Sales revenue $317,760
Cost of goods sold 148,890
Selling and administrative expenses 50,370
Gain on sale of plant assets 31,400
Unrealized gain on available-for-sale investments 11,660
Interest expense 5,960
Loss on discontinued operations 11,410
Allocation to non-controlling interest 40,530
Dividends declared and paid 4,960
Calculate Income from operations, comprehensive income, and the retained earnings balance of December 31, 2014.