PLEASE SHOW ALL WORK AND CALCULATIONS

The following account balances were included in the adjusted trial balance af JenCo at October 31, 2015. All accounts have normal balances Accumulated depreciation, equipment. 50,000 Accumulated depreciation, store furniture.. 30,000 Accumulated other comprehensive income 177,000 Advertising expense 31,000 Allowance for doubtful accounts. 1,200 Common shares... 406,000 Cost of goods sold.... 1,620,000 Depreciation expense, 2014 expense, understated due to error 20.000 Depreciation expense, equipment.... 5,400 Depreciation expense, store furniture 6,000 Dividends dedared on common shares. 20,000 Dividends dedared on preferred shares 45.000 Entertainment expense 12.000 Gain on sale of land.. 66,000 Insurance expense 40,000 Interest expense...... 18,000 Loss an disposal of discontinued operations... 57,000 Miscellaneous operating expenses (administrative) 6,000 Preferred shares 53,000 Rent experte 41.000 Retained earnings... 190,000 Salaries experts 54,000 Sales 3,000,000 Sales commissions expense 144,000 Sales discounts. 30,000 Sales returns and allowances. 79,000 Supplies expense 5,000 Unrealized gain on AFS investments (OCT)... 25,000 Additional information: The company is publically traded and follows IFRS and its income tax rate is 40%. On October 31, 2015, the number of common shares outstanding was 110,000 and there were no changes to common shares during the fiscal year. The ending balance for preferred shares of S53,000 includes issuing 1,000 preferred shares at S13 per share in the current year. The market price per common share on the reporting date was $26.68. a) Calculate the net income (lase) for the year ended October 31, 2015. Please make sure your final answer(s) are accurate to the nearest whole number. Net income (los) - 5 = b) Prepare a statement of changes in equity for the year ended October 31, 2015. Please make sure your final answers) are accurate to the nearest whole number. Jenca Statement of Changes in Equity For the Year Ended October 31, 2015 , Preferred Common Retained Acourulated Total Shares Shares Earnings Other Equity Comprehensive Lego + x + x x + c) Required disclosure Calculate the tax amount for the correction of the prior period error for depreciation expense. Please make sure your final answer(s) are accurate to the nearest whole number. Tax amount = $ d) Calculate the price-eamings ratio. Please make sure your final answer(s) are accurate to 2 decimal places. (Hint: Calculate earnings per share first and round this to the nearest 2 decimal places) Price earnings ratio times