Exercise 4-10 a-c The following is information for Sarasota Corp. for the year ended December 31, 2020: Sales revenue $1,410,000 Loss on inventory due to decline in net realizable value $84,000 Unrealized gain on FV-OCI equity investments 38,000 Loss on disposal of equipment 25,000 Interest income 5,000 Depreciation expense related to buildings omitted by mistake in 2019 53,000 Cost of goods sold 846,000 Retained earnings at December 31, 2019 990,000 Selling expenses 70,500 Loss from expropriation of land 59,000 Administrative expenses 44,000 Dividends declared 43,000 Dividend revenue 17,000 The effective tax rate is 30% on all items. Sarasota prepares financial statements in accordance with IFRS. The FV-OCI equity investments trade on the stock exchange. Gains/losses on FV-OCI investments are not recycled through net income. Prepare a multiple-step statement of financial performance for 2020, showing expenses by function. Ignore calculation of EPS.