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The following account balances were included in the trial balance of Grouper Corporation at June 30,2023 : During 2023, Grouper incurred production salary and wage costs of $696,400, consumed raw materials and other production supplies af $478,670, and tad an increase in work. in-process and finished goods inventories of $113,300, The Retained Earnings account had a balance of $291,000 at lune 30,2023, before closing There are 180,000 common shares outstanding. Grouper has elected to adopt IFRS. (Hint: Production payroll and materials costs reduced by the increase in ending workin- process and finished goods imventories - the cost of goods sold) (a) Prepare an income staternent for the year ended lune 30, 2023, using the multiple-step format and showing oxpenses by function. (Ust Selling Expenses before Adininstrotive Expenses, Round per share answer to 2 decimal places, e.g 52.74.) Question 2 of 5 Sales Comimission Expense Entertainfent Expense-Siales Telephone and internet Expence-5ales Depreciation of Sales Equioment: Repairs and Maintenance Expensel Supplies Expense-5ales Miscellaneous Expense-Sales Interest Expense ACCR_10l_Chupiefi..pdi $ Assignment 3+ Ch. 41.5% Question 2 of 5 Income fram Operations Other Expenses Interest Expense 03