[15 marks; approx. 22 mins] On September 1, 2023, the Board of Directors for Nama Stay Inc. developed a formal plan to dispose of its yoga mat division and the sale qualifies for discontinued operations treatment. On October 31, 2023, the company found a buyer for the yoga mat division. The following details relate to Nama Stay Inc. and the yoga mat division for the year ended December 31, 2023. Continuing operations: Nama Stay Inc. revenue and expenses from continuing operations for the year: Revenue (continuing operations, excluding yoga mat division) 5,000,000 Cost of Goods Sold (continuing operations, excluding yoga mat division) 2,500,000 Operating Expenses (continuing operations, excluding yoga mat division) 1,000,000 Income tax expense on income from continuing operations 450,000 Net income from continuing operations 1,050,000 Discontinued operations: Yoga mat division net income (Jan. 1 to Sept. 1, 2023, before taxes) 800,000 Yoga mat division net loss (Sept. 2 to Dec. 31, 2023, before taxes) (500,000) Fair value less cost to sell the yoga mat division's net assets 500,000 Carrying value of the yoga mat division's net assets 1,000,000 The company has the following rate of tax on all sources of income (losses) 30% Weighted Average Common shares outstanding during 2023 1,000,000 REQUIRED Prepare a statement of comprehensive income, showing details for the following: Details of Income from continuing operations (showing Income Tax Expense) Details of discontinued operations (show net of Income Taxes & provide amount of taxes) Net Income Ensure you show all details to arrive at the above figures, as they would be presented in the Statement of Comprehensive Income Nama Stay Inc. prepares its financial statements in accordance with IFRS. Include the calculation and disclosure of EPS. Formula: EPS = Income available to common shareholders Weighted average number of common shares outstanding