The following balances are extracted from the trial balance of Al Ettifaq Company as on 31 12 2021 If you know the following 22000 Renting real estate 15000 Beginning inventory 250000 sales 8000 Sales returns and allowances 125000 Purchases 3000 Purchase returns and allowances 1000 interest expense 800 Sales discount (allowed) 1200 Purchase Discount (earned) 400 Selling men's car maintenance expenses 3000 Note Receivables 1000 General manager car maintenance expenses 20000 Investing in stock 500 Purchase transportation expenses 300 Sales transportation expense 10000 Employee salaries (60 administrative, 40 sales) 1500 Income from investing in securities 900 Customs expenses on purchases 600 Salesmen's commissions 400 Advertising expenses 4000 Depreciation expense for non current assets (75 administrative, 25 selling) 2000 Real estate income received in advance 1300 Other administrative expenses 900 Benefits payable 1200 Equipment sale losses 1500 Surplus revaluation of devices and equipment 2500 Foreign currency translation differences 10000 Gain on sale of lands 350 Commission expense on purchases 3000 Profits from the sale of meat and poultry before tax (20 tax rate) 1 The end of period merchandise was estimated at cost at 15,000 and at market price at 18,000 dinars 2 The company's capital at the beginning of the year consisted of 250,000 shares with a nominal value of 1 dinars, and on 7 1, 50,000 ordinary shares with a par value of 1 dinars were issued and a premium of 3 dinars Required 1 Preparing a multi step comprehensive income statement according to international accounting standards (10 marks) 2 Calculate the basic earnings (loss) per share, earnings per share (loss) per share from continuing operations, and earnings per share (loss) from discontinued operations for the year 2021, explaining the differences between those values (5 marks) 3 Preparing the one step income statement, explaining the reasons for the difference with Requirement No 1, if any (10 marks)

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The following balances are extracted from the trial balance of Al-Ettifaq Company as on 31/12/2021 If you know the following: 22000 Renting real estate 15000

The following balances are extracted from the trial balance of Al-Ettifaq Company as on 31/12/2021 If you know the following:

22000	Renting real estate
15000	Beginning inventory
250000	sales
8000	Sales returns and allowances
125000	Purchases
3000	Purchase returns and allowances
1000	interest expense
800	Sales discount (allowed)
1200	Purchase Discount (earned)
400	Selling men's car maintenance expenses
3000	Note Receivables
1000	General manager car maintenance expenses
20000	Investing in stock
500	Purchase transportation expenses
300	Sales transportation expense
10000	Employee salaries (60% administrative, 40% sales)
1500	Income from investing in securities
900	Customs expenses on purchases
600	Salesmen's commissions
400	Advertising expenses
4000	Depreciation expense for non-current assets (75% administrative, 25% selling)
2000	Real estate income received in advance
1300	Other administrative expenses
900	Benefits payable
1200	Equipment sale losses
1500	Surplus revaluation of devices and equipment
2500	Foreign currency translation differences
10000	Gain on sale of lands
350	Commission expense on purchases
3000	Profits from the sale of meat and poultry before tax (20% tax rate)

1. The end-of-period merchandise was estimated at cost at 15,000 and at market price at 18,000 dinars. 2. The company's capital at the beginning of the year consisted of 250,000 shares with a nominal value of 1 dinars, and on 7/1, 50,000 ordinary shares with a par value of 1 dinars were issued and a premium of 3 dinars. Required: 1. Preparing a multi-step comprehensive income statement according to international accounting standards. (10 marks) 2. Calculate the basic earnings (loss) per share, earnings per share (loss) per share from continuing operations, and earnings per share (loss) from discontinued operations for the year 2021, explaining the differences between those values. (5 marks) 3. Preparing the one-step income statement, explaining the reasons for the difference with Requirement No. 1, if any. (10 marks)