Compute the total net revenue - net income dividends


Presented below are certain account balances of Paczki Products Co.

Rent revenue $6,910 Sales discounts $8,060
Interest expense 13,100 Selling expenses 99,480
Beginning retained earnings 114,920 Sales revenue 403,630
Ending retained earnings 134,350 Income tax expense 26,820
Dividend revenue 71,670 Cost of goods sold 184,990
Sales returns and allowances 12,790 Administrative expenses 83,100
Allocation to noncontrolling interest 18,616

From the foregoing, compute the following:

(a) Total net revenue

(b) Net income

(c) Dividends declared

(d) Income attributable to controlling stockholders

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Accounting Basics: Compute the total net revenue - net income dividends
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