PART A:

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PART B:

Question 1 of 3 3.15/ 55 View Policies Show Attempt History The following information was taken from the records of Vaughn SA for the year 2022: Income tax applicable to income from continuing operations R$128,800; income tax applicable to loss on discontinued operations R$27,400, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$16,200. R$104,000 R$ 162,000 Gain on sale of plant assets Loss on discontinued operations Administrative expenses Cash dividends declared Retained earnings January 1, 2022 81,000 648,000 262,000 Cost of goods sold 918,000 Rent revenue 46,000 324,000 Selling expenses Sales revenue Loss on impairment of land 64,800 1,836,000 Ordinary shares outstanding during 2022 were 100.000 Question 1 of 3 > 3.15/5 i Preparecensive income for 2022 ning the resten och andere per here to 2 dede VAUGHN SA statement of Comprehensive Income www RS MO 2.500 C G ca 10.00 1000 16.00 4000 V 10.0 100 V OV v V RS 10 V All Question 1 of 3 > VAUGHN SA Retained Earnings Statement For the Year Ended December 31, 2022 Retained Earnings, January 1 R$ 648,000 Add VN Net Income /(Loss) 180,000 828,000 Less Dividends Declared (162.000) Retained Earnings, December 31 R$ 666,000