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Can you please explain me this? Thanks! Information for Augusto Corporation for 2024 follows: Retained Earnings, January 1, 2024 $4,650,000 Depreciation Exp. - Selling Equip.

Can you please explain me this? Thanks!

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Information for Augusto Corporation for 2024 follows: Retained Earnings, January 1, 2024 $4,650,000 Depreciation Exp. - Selling Equip. 1,550,000 COGS 1 $660,000 Interest Expense 340,000 Gross Sales 52,500,000 Sales Returns & Allow. 600,000 Sales Salaries Expense 460,000 Administrative Salaries Expense 1,300,000 Depreciation Expense - Admin. Equip. 1,200,000 Selling Supplies Expense 480.000 Gain on Sale of Building 120,000 Loss on Sale of Equipment 50,000 Administrative MiseExpense I30,000 Unrealized Gain on F V-OCI Invest. {net of tax) 122,000 Loss on Sale of FV-Nl Invest. (normal recurring) 200,000 Gain on Sale of Land 360,000 Loss from Disposal of Discontinued Operations 16,900,000 Dividends Declared on Common Shares 1.685000 Dividends Declared on Preferred Shares 538,000 Augusto Corporation decided to discontinue its beverage division {at major line of business) and focus on its snack products division. During 2024, there were 4,136,320 common shares outstanding all year. Augusto Corporation's tax rate is 20% on operating income and all gains and losses (use this rate where tax provisions are not given). Augusto Corporation prepares nancial statements in accordance with IFRS. Required: Prepare a multiple-step statement of comprehensive income showing expenses by function. Include calculation of EPS (round to 2 decimal places where needed)

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