Bryson's Corporation capital structure consists of 50,000 shares of common stock. At November 30, 2019 an analysis of the accounts and discussions with company officials revealed the following information: Sales $1,195,000 Loss on disposition of the retail division (net of tax) 30.000 Selling expenses 161,000 Cash 42,400 Accounts receivable 85.000 Common stock 175,000 Accumulated depreciation 100,000 Rent revenue 18,500 Gain on sale of equipment 20.400 Cost of goods sold 733,000 Unearned revenue 32,000 Write-off of a patent 23,700 Accrued interest payable 10,000 Property 375,000 Sales returns and allowances 24,500 Patent 74,000 Retained earnings, December 1, 2018 145.000 Bond interest expense 15,000 Administrative expenses 14,000 Dividends declared common shares 27,000 Sales discounts 20.500 Dividends declared preferred shares 9,000 Loss on operations of the retail division (net of tax) 25,000 Depreciation understatement due to an error in 2015 8,700 Plant and equipment 500,000 Accounts payable 19.000 Additional information: All of the above accounts had their normal debit or credit balances. This is a partial trial balance and therefore total debits and credits do not equal to zero (0). The company's income tax rate is 20%. Assume that all income items are fully taxable or deductible for income tax purposes. Required a) Prepare a multiple-step income statement using the IFRS format for Bryson's Corporation for the year ended November 30, 2018. (21 marks) 2018