Shown below is an income statement for 2019 that was prepared by a poorly trained bookkeeper of Howell Corporation. Howell Corporation INCOME STATEMENT December 31, 2019 Sales revenue 895,000 Interest revenue 19,500 Cost of merchandise sold (408,500) Selling expenses (145,000) Administrative expense (215,000) Interest expense (13,000 Income before special item 133,000 Special item Loss on disposal of a component of the business (40,000) Net income tax liability, (27.900 Net income 65,100 Instructions Prepare an income statement for 2019 for Howell Corporation that is presented in accordance with IFRS (including format and terminology). Howell Corporation has 50,000 ordinary shares outstanding and has a 30% income tax rate on all tax related items. Round all earnings per share figures to the nearest cent