The following is information for Concord Corp. for the year ended December 31, 2020:

Sales revenue		$1,180,000		Loss on inventory due to decline in net realizable value		$73,000
Unrealized gain on FV-OCI equity investments		38,000		Loss on disposal of equipment		35,000
Interest income		7,000		Depreciation expense related to buildings omitted by mistake in 2019		55,000
Cost of goods sold		708,000		Retained earnings at December 31, 2019		910,000
Selling expenses		59,000		Loss from expropriation of land		63,000
Administrative expenses		44,000		Dividends declared		45,000
Dividend revenue		21,000

The effective tax rate is 25% 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. Please answer in the given template.

Sales revenue $1,100,000 Loss on inventory due to decline in net realizable value $7 Unrealized gain on FV-OCl equity investments 38,000 Loss on disposal of equipment 7,000 Depreciation expense related to buildings omitted by mistake in 2019 Interest income Cost of goods sold 910 Selling expenses Administrative expenses Dividend revenue 708,000 Retained earnings at December 31, 2019 59,000 Loss from expropriation of land 44,000 Dividends declared 21,000 The effective tax rate is 25% on all items. Concord prepares financial statements in accordance with IFRS. The FV-OCI equity investments trac Part 1 Prepare a multiple-step statement of financial performance for 2020, showing expenses by function. Ignore calculation of EPS. Concord Corp. Statement of Financial Performance V V V Items that will not be reclassified subsequently to net income or loss