Interest revenue $19,500 Retained earnings, end 5,000 Selling expenses 145,000 Prepaid insurance 20,000 Loss on disposal of a business (discontinued), net 28,000 Income from operations 140,000 Unearned rent revenue 15,000 Income tax 39,900 Interest expense 13,000 Instructions: Prepare an income statement for 2015 for Ramzi Company (starting with income from operations) according to IFRS TTTT Paraar