Meagan Brandon Inc. (MBI) reports its financial results in accordance with IFRS. Selected financial information for the year ended December 31, 2019, follows:

• MBI’s income for the year from continuing operations totalled $1.1 million.
• MBI’s eff ective tax rate is 20%.
• MBI disposed of a subsidiary during the year that met the criteria of a discontinued operation and was classified accordingly. The subsidiary’s pre-tax loss was $200,000. The pre-tax gain on disposal was $100,000.

Required:
a. Prepare a statement of profit or loss for the year starting with income from continuing operations. Ignore the requirement to report earnings per share.
b. List the component parts of the disaggregated information that enterprises with discontinued operations must present in either the statement of comprehensive income or the notes to the financial statements.