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The following items were taken from the adjusted trial balance of ABC Inc. for the year ended December 31, 2020. Assume an average 35% income
The following items were taken from the adjusted trial balance of ABC Inc. for the year ended December 31, 2020. Assume an average 35% income tax on all items. The accounting period ends December 31, and all amounts given are pre-tax. ABC Inc. had 7,000 common shares outstanding in 2020 and follows IFRS