The following information was taken from the accounting records of Lumber Inc. at December $31,2023.$ Lumber Inc. follows IFRS. Assume a tax rate of $30\%.$ How much is the total comprehensive income on the statement of comprehensive income by function for the current year?

Line Item

Amount

Common shares, $40,000$ outstanding on January $1,2023$

$$400,000$

Common shares, $50,000$ outstanding on December $31,2023$

$500,000$

Cost of goods sold

$352,000$

Dividends paid

$40,000$

Gain on sale of assets

$8,000$

Selling expenses

$165,000$

Administrative expenses

$70,000$

Interest expense

$9,000$

Income from operating discontinued operations

$7,500$

Gain on sale of discontinued operations

$51,000$

Prior year error$$debit to retained earnings

$9,500$

Retained earnings, January $1,2023($prior to adjustment$)$

$475,000$

Sales revenue

$810,000$

Select one:

a$.$ $$222,000$

b$.$ $$196,350$

c$.$ $$155,400$

d$.$ $$40,950$