The following is information for Concord Corp. for the year ended December 31, 2020: Sales revenue $1,450,000 Loss on inventory due to decline in net realizable value $76,000 Unrealized gain on FV-OCI equity 40,000 Loss on disposal of equipment 25,000 investments Interest income 5,000 Depreciation expense related to buildings omitted by mistake in 2019 53,000 Cost of goods sold Selling expenses 870,000 Retained earnings at December 31, 2019 72,500 Loss from expropriation of land Administrative expenses Dividend revenue 46,000 Dividends declared 980,000 58,000 43,000 25,000 The effective tax rate is 35% on all items. Concord prepares financial statements in accordance with IFRS. The FV-OCI equity investments trade on the stock exchange. Gains/losses on FV-OCI investments are not recycled through net income. Prepare a multiple-step statement of financial performance for 2020, showing expenses by function. Ignore calculation of EPS. Concord Corp. Statement of Financial Performance