Presented below is information related to Viel AG at December 31, 2022, the end of its first year of operations.

Sales revenue .................................................................. €310,000
Cost of goods sold ............................................................ 140,000
Selling and administrative expenses ............................... 50,000
Gain on sale of plant assets ............................................... 30,000
Unrealized gain on non-trading equity securities ........... 10,000
Interest expense .................................................................... 6,000
Loss on discontinued operations ...................................... 12,000
Allocation to non-controlling interest .............................. 40,000
Dividends declared and paid .............................................. 5,000

Instructions

Compute the following: 

(a) Income from operations, 

(b) Net income, 

(c) Net income attributable to Viel AG controlling shareholders, 

(d) Comprehensive income, 

(e) Retained earnings balance at December 31, 2022. Ignore taxes.