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The following information ( all amounts are before income tax ) pertains to Junction Ltd Corporation: Income from continuing operations: $ 1 , 2 3

The following information (all amounts are before income tax) pertains to Junction Ltd Corporation:
Income from continuing operations: $1,238,000
Loss from discontinued operations: $133,000
Gain on sale from discontinued operations: $27,900
Other Comprehensive Income items that may be reclassified to earnings:
Net foreign exchange gain (loss) on translation of foreign operation: $31,980
Net gain (loss) relating to cash flow hedges: $9,570
Other Comprehensive Income items that will not be reclassified to earnings:
Actuarial losses on net defined-benefit plans: $23,100
Revaluation gains: $12,600
Required:
Prepare a partial continuous statement of comprehensive Income for Junction Ltd. Calculate the tax for each required component (include income tax implications and report such income tax implications as appropriate under IFRS using a tax rate of 20%).

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