(5 Marks) CLO 2.1 (S1, S2) Apply IFRS concept and prepare comprehensive income statement and staiement of retained earnings Tsui Corporation has: Retained Earnings, January 1, 2015 $675,000 Net loss during 2015 was 40,000 Cash dividends declared and paid during 2015 totaled 7,000 Unreaiized gain on siocks 32,000 Unrealized Loss on Bonds 13,000 o Prepare a retained earnings statement for the year ended December 31, 2015. TSUI CORP. Retained Earnings Statement For the Year Ended December 31, 2015 Retained Earnings, Jan. 1, 675,000 Retained Earnings , Dec 31, 2015