Question 1 [40 points] The following items were taken from the adjusted trial balance of the Zcom Inc. for the year ended December 31, 2015. Assume an average 25% income tax on all items. The accounting period ends December 31, and all amounts given are pre-tax Zoom Inc. had 13,000 common shares outstanding in 2015 and follows IFRS. Account Cost of goods sold Balance a) Prepare a multi-step income statement in good form. Please make sure your final answer(s) are accurate to 2 decimal places 180,000 Depreciation expense, building Gain on retirement of bands 26,000 Zoom Ind Income Statement 110,000 For the Year Ended December 31, 2015 Gain on sale of assets from discontinued operations 135,000 Insurance expense 56,000 Interest expense 40,000 Interest income 44,000 Loss on sale of long-term investment 125,000 Operating loss of discontinued operation to disposal date 112.000 Salaries expense 208,000 REQUIRED DISCLOSURES Sales 800,000 b) Calculate basic earnings per share (EPS) from continuing operations. Please make sure your final answer(s) are accurate to 2 decimal places. EPS=$ c) Calculate basic earnings per share from discontinued operations. Please make sure your final answer(s) are accurate to 2 decimal places EPS $1 d) Calculate basic earnings per share from net income. Please make sure you final answer(s) are accurate to 2 decimal places. EPS $1 e) Report the tax amount for the operating loss from discontinued operations. Please make sure your final answer(s) are accurate to the nearest whole number Tax amount $ 1) Report the tax amount for the gain on sale of assets from discontinued operations. Please make sure your final answer(s) are accurate to the nearest whole number Tax amount $ MacBook Air