Forest Corporation provided the following partial-trial balance for the current yoac. Click the icon to viow the partialtrial balance.) Prepare a statement of not income and additional disclosures that would meet IFRS requirements Indicate tiems that ifRS requires bo roported on the statement of net income. Forest is subje 40% income tax rate. Use the condensed format. Begin by preparing a statement of net income that meets IFRS requirements. Indicale items that IFRS requires be teported on the statament of not income. Use the condensed forrat, iFound amounts to the nearest whole dollar. Select an " X " in the "Required Oisclosure" column if the disclosure is required by IF RS:) Forest Corporation Trial Balance (Selected Accounts) For the Year Ended December 31 Account Debit Credit Dividends 1,350 Sales 160,000 Dividend Income Interest Income Gain on Disposal of Plant Assets Unrealized Gain on Trading Investments Cost of Goods Sold 40,000 Office Supplies Expense 4,900 Sales Salaries Expense 3,700 Selling Expenses 10,000 Accounting and Leght Fees-General Expense 790 Advertising Expense 3,600 Office Salaries Expense 6,400 Depreciation Expense - General Expense 8,900 Interest Expense 2,200 Loss on Asset Impairment 1,500