Answer:
a. $457,840
b. $65,192
c. $45,182
d. $47,232
Explanation:
a. Total net revenue = Sales revenue - sales discount - Sales return and allowances + Rent revenue + Dividend
= $401,600 - $8,390 - $12,900 + $6,510 + $71,020
= $457,840
b. Net income = Total net revenue - Cost of goods sold - Administrative expenses - Selling expenses - Interest expense - Income tax expense
= $457,840 - $174,271 - $80,940 - $99,470 - $13,340 - $24,627
= $65,192
c. Dividends declared
Ending retained earnings = Beginning retained earnings + Net income - Dividend
$134,870 = $114,860 + $65,192 - Dividend
Dividend = $45,182
d. Income attributable to controlling stockholders = Net income - Allocation to non controlling interest
= $65,192 - $17,960
= $47,232