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Question 10 of 10 -/15 The following is information for Bramble Corp.for the year ended December 31, 2020: $1.260,000 $73,000 Sales revenue Unrealized gain on

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Question 10 of 10 -/15 The following is information for Bramble Corp.for the year ended December 31, 2020: $1.260,000 $73,000 Sales revenue Unrealized gain on FV OCI equity investments 41.000 30,000 Interest income 6,000 Loss on inventory due to decline in net realizable value Loss on disposal of equipment Depreciation expense related to buildings omitted by mistake in 2019 Retained earnings at December 31, 2019 Loss from expropriation of land Dividends declared 58,000 Cost of goods sold Selling expenses Administrative expenses Dividend revenue 756,000 63,000 47.000 20.000 910,000 64,000 48,000 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. Gains/losses on FV OCI investments are not recycled through net income. Prepare a multiple-step statement of financial performance for 2020, showing expenses by function. Ignore calculation of EPS. Bramble Corp. Statement of Financial Performance Question 10 of 10 -/15 Bramble Corp. Statement of Financial Performance Question 10 of 10 -/1 E Question 10 of 10 -/1 -/1 Prepare the retained earnings section of the statement of changes in equity for 2020. (List Items that increase retained earnings first following the adjustment of prior years.) Bramble Corp Excerpt from Statement of Changes in Equity $ $

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