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* URGENT HELP NEEDED UPVOTE GUARANTEED* Information for 2020 follows for Bramble Corp.: Retained earnings, January 1, 2020 $ 1,930,000 Sales revenue 36,500,000 Cost of

*URGENT HELP NEEDED UPVOTE GUARANTEED*

Information for 2020 follows for Bramble Corp.:

Retained earnings, January 1, 2020 $ 1,930,000
Sales revenue 36,500,000
Cost of goods sold 28,500,000
Interest income 151,000
Selling and administrative expenses 4,600,000
Unrealized gain on FV-OCI equity investments (gains/losses not recycled) 350,000
Loss on impairment of goodwill 507,000
Income tax on continuing operations for 2020 (assume this is correct) 656,400
Assessment for additional income tax for 2018 (normal, recurring, and not caused by an error) 442,000
Gain on disposal of FV-NI investments 123,000
Loss from flood damage 392,000
Loss on disposal of discontinued division (net of tax of $ 62,975) 251,900
Loss from operation of discontinued division (net of tax of $ 40,775) 163,100
Dividends declared on common shares 221,000
Dividends declared on preferred shares 76,600

Bramble decided to discontinue its entire wholesale division (a major line of business) and to keep its manufacturing division. On September 15, it sold the wholesale division to Dylane Corp. During 2020, there were 500,000 common shares outstanding all year. Brambles tax rate is 20% on operating income and all gains and losses (use this rate where the tax provisions are not given). Bramble prepares financial statements in accordance with IFRS. Prepare a multiple-step statement of financial performance for the year ended December 31, 2020, showing expenses by function. Include calculation of EPS. (Round EPS answers to 2 decimal places, e.g. 52.75.)

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