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On 2 October 20X4, a national hardware retailer, Kent, announced a formal plan to refocus its operations. As part of the plan, management decided to

On 2 October 20X4, a national hardware retailer, Kent, announced a formal plan to refocus its operations. As part of the plan, management decided to sell its portfolio of contractor-specific locations, which operated under the brand Contractor Supplies. The sale would allow the company to focus on improving its larger, more profitable retail stores. The Contractor Supplies division is its own operating segment. The sale of Contractor Supplies was finalized on 4 December 20X4. Information relating to Contractor Supplies for the year ended 31 December 20X4 is as follows (in thousands of Canadian dollars): Net income from continuing operations, before tax: $51,802 Earnings from discontinued operations (2 January 20X42 October 20X4), before tax: $2,310 Loss from discontinued operations (2 October 20X44 December 20X4), before tax: $387 Gain on disposal of net assets, before tax: $1,321 Kent has a tax rate of 30% and reports in accordance with IFRS. Required: Prepare a partial Statement of Comprehensive

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