( Question 3: (10 marks) Presented below is information related to Watt Company in its first year of operation. The following information is provided at December 31, 2015, the end of its first year. (Ignore income tax) Selling and administrative expenses 75,000 Gain on sale of plant assets 45,000 Cost of goods sold 210,000 Unrealized gain on non-trading securities 15,000 Financing costs 10,000 Loss on discontinued operations 20,000 Allocation to non-controlling interest 60,000 Sales revenue 420,000 Dividends declared and paid 12,000 (a) Prepare in good form an Income Statement for the year 2015 presented in accordance with IFRS (including format and terminology). Incore Stalement 21 2015 *** 150cc encore ko 20 coo Loss on discounted oportens (B) Prepare in good form a separate Comprehensive Income statement for the year 2015 presented in accordance with IFRS (including format and terminology). Net.com 90 cu otter.compilpube inore 15 (C) Prepare in good form a Retained Earnings Statement for the year 2015 presented in accordance with IFRS (including format and terminology). letaret eantys begning