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Question 1 (15 points) The following items are taken from the adjusted trial balance of Grant Inc. for the year ended December 31, 2020. All

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Question 1 (15 points) The following items are taken from the adjusted trial balance of Grant Inc. for the year ended December 31, 2020. All amounts reported are before tax. Revenue 13,584,000 General and administrative expenses.. 9,469,000 Earnings on discontinued Waverley division........ Gain on disposal of truck.... 84,000 5,200 Loss on disposal of discontinued Waverley division assets......... 62,500 Selling expenses.. 2,222,000 Unrealized foreign currency translation loss on self-sustaining British subsidiary 13,300 Grant Inc. is subject to an income tax rate of 10% and has 100,000 outstanding common shares throughout the year. Required: Prepare, in good form, a continuous statement of comprehensive income for the year ended December 31, 2020. A template is provided for your response. Format BIU

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