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 $1,20231,400\mathrm{.}0$

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 $1,20234,900\mathrm{.}0$

Sales revenue $61,250\mathrm{.}0$

Unrealized loss on investments $$ OCI $($other comprehensive. Income$)532\mathrm{.}0$

NOTE: 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$.$