The following is information for Novak Corp. for the year ended December $31,2023$:Sales revenue$$1,420,000$Loss on inventory due to decline in net realizable value$$70,000$Unrealized gain on FV$-$OCIequity investments$46,000$Loss on disposal of equipment$45,000$Interest income$9,000$Depreciation expense related to buildings omitted by mistake in $202256,000$Cost of goods sold$852,000$Retained earnings at December $31,2022950,000$Selling expenses$71,000$Loss from expropriation of land$57,000$Administrative expenses$52,000$Dividends declared$46,000$Dividend revenue$15,000$The effective tax rate is $25\%$ on all items. Novak prepares financial statements in accordance with IFRS. The FV$-$OCl equity investments trade on the stock exchange. Gains$/$losses on FV$-$OCl investments are not