1 (10 marks) Shown below is an incomplete income statement for 2021 that was prepared by a junior accountant at Frilly Lilly Corporation (FLC). FRILLY LILLY CORPORATION Sales revenue. Rent revenue Cost of goods sold. Selling expenses. Administrative expense. Interest expense Gain on disposal of building. Major fire loss.... Income tax expense. Net income.... Required: Income Statement December 31, 2021 $975,000 19,500 (408,500) (155,000) (215,000) (13,000) 30,000 (80,000) (777) $ ??? A. Prepare a multiple-step income statement for 2021 for FLC that is presented in accordance with IFRS. FLC has 42,000 common shares outstanding and has a 22% income tax rate. (8 marks) B. Calculate Earnings Per share for 2021. (2 marks)