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Question 1 (5 Marks) Prepare statement of Comprehensive Income from the information given below of ABC SAOC for the year ended 31st December 2018: Sales

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Question 1 (5 Marks) Prepare statement of Comprehensive Income from the information given below of ABC SAOC for the year ended 31st December 2018: Sales Revenue 19,381,620 Cost of Goods Sold 13,810,415 Other Incomes 96,951 Salaries and other Employees related Cost 2,120,160 General and Adminitsrative Expenses 450,420 Selling and Distribution Expenses 240,650 Net Finance Cost 14,340 Taxation 120,730 Fair Value gain on Financial Assets 168,550 Unrealized holding loss on Investments classified as available for sale 24,520

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