Presented below is information related to Bonita Company at December 31, 2020, the end of its first year of operations.

Presented below is information related to Bonita Company at December 31, 2020, the end of its first year of operations. Sales revenue $ 335,550 Cost of goods sold 135,580 Selling and administrative expenses 54,900 Gain on sale of plant assets 30,790 Unrealized gain on available-for-sale debt investments 9,880 Interest expense 6,050 Loss on discontinued operations 12,200 Dividends declared and paid 5,060 Compute the following: (a) Income from operations $ enter a dollar amount 145070 (b) Net income $ enter a dollar amount 157610 (c) Comprehensive income $ enter a dollar amount 167490 (d) Retained earnings balance at December 31, 2020


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