On 30 June 2022, Southside Ltd purchased 5000 corporate bonds in ABC Ltd at $10.00 per bond. On acquisition, Southside Ltd classified this investment in financial assets as being ‘measured at fair value through other comprehensive income’. At 30 June 2023, the fair value of the corporate bonds had increased to $14.00. At 30 June 2024, the fair value of the corporate bonds had decreased to $13.00. All of the corporate bonds were sold on 30 June 2024. At 30 June 2022, the only equity item was paid – up capital of $100 000, and this had not changed. The tax applicable rate is 30 % percent.

Required:

Prepare an extract of the statement of profit or loss and other comprehensive income, and statement of changes in equity , for the reporting period ending 30 June 2024 in which the classification adjustment for financial assets measured at fair value through other comprehensive income is detailed.