The following information was obtained for Winsome Ltd for the year ended 30 June 2025.

Required

(a) Prepare a statement of profit or loss and other comprehensive income for Winsome Ltd for the year ended 30 June 2025 so as to comply with the requirements of IAS 1/AASB 101.

(b) Prepare an appropriate note for the disclosure of income.

(c) Prepare an appropriate note for expenses classified by function.

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Administrative expenses Cost of sales Dividends declared Gain on asset revaluation Gain on sale of machinery $400 000 2 260 000 200 000 100 000 120 000 Income tax expense for current year 440 000 Losses on investments in equity instruments 8 000 Net sales revenue 4 600 000 Retained earnings (1/7/24) 240 000 Selling and distribution expenses 800 000 Uninsured earthquake loss 40 000