3. Delray Inc. follows IFRS and has the following amounts for the year ended December 31, 2020: gain on disposal of FV-NI investments (before tax), $15,000; loss from operation of discontinued division (net of tax), $42,000; income from operations (before tax), $220,000; unrealized holding gain-OCI (net of tax) $12,000; income tax on income from continuing operations, $63,000; loss on disposal of discontinued division (net of tax), $75,000. The unrealized holding gain-OCI relates to investments that are not quoted in an active market.

a. Calculate income from continuing operation.

b. Calculate net income.

c. Calculate other comprehensive income.

d. Calculate comprehensive income.

e. How would your answers to parts (a) to (d)be different if Delray followed ASPE?