The following account balances were included in the trial balance of Riverbed Corporation at June 30, 2020: Sales revenue $1,833,550 Telephone and Internet expense (office) Cost of goods sold 1,071,770 Salaries and wages (office) Salaries and wages expense (sales) 55,460 Supplies expense (sales) Sales commission expense 99,600 Repairs and maintenance expense (office) Advertising expense (sales) 29,630 Depreciation understatement due to error-2018 (net of tax of $3,300) Freight out 21,900 Miscellaneous expense (office) Entertainment expense (sales) 15,820 Dividend revenue Telephone and Internet expense (sales) 9,130 Interest expense Depreciation of sales equipment 5,680 Income tax expense Repairs and maintenance expense (sales) 7,000 Dividends declared on preferred shares Miscellaneous expenses (sales) 5,415 Dividends declared on common shares Supplies expense (office) Depreciation expense on office furniture and equipment 7,950 $2,820 7,520 5,250 9,630 19,200 6,800 38,100 18,800 134,400 9,945 32,600 4,050 During 2020, Riverbed incurred production salary and wage costs of $707,100, consumed raw materials and other production supplies of $479,170, and had an increase in work-in-process and finished goods inventories of $114,500. The Retained Earnings account had a balance of $291,000 at June 30, 2020, before closing. There are 180,000 common shares outstanding. Assume Riverbed has elected to adopt IFRS. (Hint: Production payroll and materials costs reduced by the increase in ending work-in-process and finished goods inventories = the cost of goods sold.) (a) Prepare an income statement for the year ended June 30, and ple-step format and showing expenses by function. (List Selling Expenses before Administrative Expenses. Collapse question part Round per share answer to 2 decimal places, e.g. 52...., Riverbed Corporation Income Statement ES Prepare an income statement for the year ended June 30, 2020, using the multiple-step format and showing expenses by function. (List Selling Expenses before Administrative Expenses. Round per share answer to 2 decimal places, e.g. 52.74.) Riverbed Corporation Income Statement I CES 1 I dy