Presented below is information related to Viel Company at December 31, 2014, 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 available-for-sale investments       10,000
Interest expense                                                               6,000
Loss on discontinued operations                                   12,000
Allocation to noncontrolling 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 Company’s controlling shareholders, (d) comprehensive income, and (e) retained earnings balance at December 31, 2014.