An excerpt of certain LYNCH Inc. accounts as of$/$for the year ended December $31,2023$ is presented below.

Amount

Accumulated other comprehensive LOSS, Jan $1,2023$

$1,400\mathrm{.}0$

Accrued liabilities

$2,870\mathrm{.}0$

Cost of goods sold

$35,000\mathrm{.}0$

Common shares $(15,000$ shares outstanding throughout the year$)$

$4,200\mathrm{.}0$

Dividends declared $-$ preferred shares

$525\mathrm{.}0$

Dividends declared $-$ common shares

$1,575\mathrm{.}0$

Loss on sale of equipment

$287\mathrm{.}0$

General & admin expenses

$5,320\mathrm{.}0$

Expense error from $2022($depreciation expense was understated in $2022$ by this amount$)$

$2,170\mathrm{.}0$

Loss on write$-$down of assets of discontinued operation

$2,800\mathrm{.}0$

Income tax payable

$0\mathrm{.}0$

Interest expense

$367\mathrm{.}5$

Interest revenue

$280\mathrm{.}0$

Loss from the operations of discontinued operations

$700\mathrm{.}0$

Sales and marketing expenses

$2,800\mathrm{.}0$

Preferred shares $(400$ preferred shares outstanding throughout the year$)$

$2,240\mathrm{.}0$

Retained earnings, Jan $1,2023$

$4,900\mathrm{.}0$

Sales revenue

$61,250\mathrm{.}0$

Unrealized loss on investments $-$ OCI $($other comprehensive. Income$)$

$532\mathrm{.}0$

All adjusting entries have been prepared EXCEPT for the $2023$ income tax entries. $($i$.$e$.,$ all above numbers are before tax.$)$ LYNCH is subject to a $29\%$ income tax rate.

LYNCH follows IFRS.

Required: Use format for statements that was covered in class.

a$)$ Prepare a multi$-$step statement of comprehensive income in good form for LYNCH Inc. for $2023.$

$($Round all amounts to the nearest dollar.$)$

$-$Show required earnings per share $($EPS$)$ information. $($Show these calculations below the statements.$)$

b$)$ Prepare the Statement of Changes in Shareholders' Equity in good form for LYNCH Inc. for the year ended December $31,2023.$

c$)$ Calculate adjusted income taxes payable at December $31,2023$for$$LYNCH$.$