Determine whether the following transactions would appear in the statement of profit or loss and other comprehensive income. If so explain how they would be disclosed.

(a) A gain on foreign currency translation of $83 000.

(b) As a result of a fall in share prices in a recession, directors decided to write down the value of the company’s investment, Shares in Pluto Ltd, by $80000.

(c) Loss from discontinued business operations.

(d) Dividend paid of $1 500 000 in total.

(e) Inventory costing $120 000 is sold for $160 000.

(f)  A transfer of $500 000 is made to general reserve from retained earnings.