Chakrabarti Corporation was incorporated and began business on January 1, 2020. It is now seeking a bank loan to finance an expansion. The bank has requested an audited income statement for the year 2020 using IFRS. The accountant for Chakrabarti Corporation provides you with the following income statement, which Chakrabarti plans to submit to the bank: Chakrabarti Corporation Income Statement Sales revenue Dividend revenue Gain on recovery of flood loss Unrealized holding gain on FV-OCI investments $852,000 32,000 26,000 6.000 916,000 Less: Selling expenses 126,000 Cost of goods sold 508,000 Advertising expense 14,000 Loss on inventory due to decline in net realizable value 34,000 Loss on discontinued operations 46,000 Administrative expenses 74,000 802,000 Income before income tax 114,000 Income tax expense Net income 22,800 Less: Selling expenses 126,000 Cost of goods sold 508,000 Advertising expense 14,000 Loss on inventory due to decline in net realizable value 34,000 Loss on discontinued operations 46,000 Administrative expenses 74.000 802.000 Income before income tax 114,000 22.800 91,200 Income tax expense Net income Chakrabarti had 100,000 common shares outstanding during the year and has an effective tax rate of 20%. Required: Prepare a revised multiple-step statement of comprehensive income