Q$-1.($Chapter$-3)$: A$3-3$ Income Statement Format:

The following items were taken from the adjusted trial balance of the Bremeur Corporation on $31$

December $205.$ Assume an average $20\%$ income tax on all items $($including the divestiture loss$).$ The

accounting period ends $31$ December. All amounts given are pretax and are subject to the same

income tax rate. Bremeur had $30,000$ shares outstanding at the beginning of the year. On $31$ August

$205,$ an additional $9,000$ shares were issued; at the end of $205,39,000$ shares were outstanding.

Required: $(14$ Marks$)$ Prepare a multi$-$step Statement of Comprehensive Income, in good form, on

functional basis.