Statement of profit or loss and comprehensive income and statement of changes in equity.

Determine whether the following transactions would appear in the statement of profit or loss and other comprehensive income. If so explain how they would be disclosed.

(a) A gain on foreign currency translation of \($103\)  000.

(b) As a result of a fall in share prices in a recession, directors decided to write down the value of the company’s investment, shares in Razzle and Dazzle Ltd, by \($80\)  000.

(c) Loss from discontinued business operations.

(d) Dividend paid of \($1\)  500  000 in total.

(e) Inventory costing \($120\)  000 is sold for \($160\)  000.

(f) A transfer of \($500\)  000 is made to general reserve from retained earnings.