The following information was taken from the records of Vega Inc. for the year 2015: income tax applicable to income from continuing operations R$119,000, income tax applicable to loss on discontinued operations R$25,500, and unrealized holding gain on non-trading equity securities R$15,000.

Gain on sale of plant assets	R$95,000		Cash dividends declared	R$150,000
Loss on discontinued operations	75,000		Retained earnings January 1, 2015	600,000
Administrative expenses	240,000		Cost of goods sold	850,000
Rent revenue	40,000		Selling expenses	300,000
Loss on impairment of land	60,000		Sales revenue	1,700,000

Ordinary shares outstanding during 2015 were 100,000.

Requirement:

1. Prepare a comprehensive income statement for 2015 using the one statement approach

2. Prepare a retained earnings statement for 2015.