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Prepare a multiple-step statement of financial performance for 2020, showing expenses by function. Ignore calculation of EPS. Bramble Corp. Statement of Financial Performance December 31,

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Prepare a multiple-step statement of financial performance for 2020, showing expenses by function. Ignore calculation of EPS. Bramble Corp. Statement of Financial Performance December 31, 2020 Sales Revenue WhatsApp Image..jpeg WhatsApp Image .jpeg WhatsApp Image...jpeg Type here to search eApps G Grammarly Of GBC Email RW GRU Blackboard Conn Items that will not be reclassified subsequently to net income or loss: WhatsApp Image...jpeg WhatsApp Image...jpeg WhatsApp Image...jpeg Type here to searchQuestion 2 View Policies Current Attempt in Progress The following is information for Bramble Corp. for the year ended December 31, 2020: Sales revenue $1,260,000 Loss on inventory due to decline in net realizable value $73,000 Unrealized gain on FV-OCI equity investments 41,000 Loss on disposal of equipment 30,000 Interest income 6,000 Depreciation expense related to buildings omitted by mistake in 2019 58,000 Cost of goods sold 756,000 Retained earnings at December 31, 2019 910,000 Selling expenses 63,000 Loss from expropriation of land 64,000 Administrative expenses 47,000 Dividends declared 48,000 Dividend revenue 20,000 The effective tax rate is 35% on all items. Bramble prepares financial statements in accordance with IFRS. The FV-OCI equity investments trade on the stock exchange income. Part 1 Prepare a multiple-step statement of financial performance for 2020, showing expenses by function. Ignore calculation of EPS. WhatsApp Image.jpeg WhatsApp Image._jpeg WhatsApp Image. jpeg Type here to search e 9 hp

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