Carrefour is a French multinational retail corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries and convenience stores, which as of January 2021, comprises its 12,225 stores in over 30 countries. The Corporation provides an adjusted Trial Balance as of December 31, 2020 which is given below: Details Debit OMR Debit OMR 29,000 33,000 5,000 34,400 75,900 19,000 60,000 18,000 40,000 2,000 2.200 35,000 109,700 Colish Building Plant and machinery Bank Cash Store equipment Accumulated depreciation-store equipment Office equipment Accumulated depreciation office equipment Accounts payable Sales refund payable Notes payable Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Selling expenses General and administrative expenses Interest expense Merchandise Inventory - opening Purchases Purchase discounts Purchase returns and allowances Freight Inwards Total 48,000 350,000 8,000 15,500 33,500 19.800 800 20,000 230,000 26,000 14,000 3,000 615,900 615,900 Closing Merchandising Inventory of the company is OMR 31,000. You are required to: A) Prepare a Multiple-Step Income Statement for the year ended 31 December 2020. B) Show the extracts of Statement of Financial Position for the year ended 31 December 2020 C) Draft a report on the financial performance of the business based on Multiple step Income Statement