Problem #$3$

Magnus Company is a wholly owned subsidiary of Albertus Corporation. Magnus operates in a foreign country with financial statements recorded in shillings $($S$),$ the company's functional currency. Financial statements for the year $2023$ are as follows:

$\backslash$table$[[\backslash$table$[[$Income Statement$],[$For Year Ending December $31,2023]]],[$Sales$,S,\backslash$table$[[540,0],[00]]],[$Cost of goods sold,,$\backslash$table$[[$