Shown below is an income statement for $2022$ that was prepared by a junior accountant at Humber

Corporation.

HUMBER CORPORATION

Income Statement

December $31,2022$

Sales revenue $($net$)$

Investment revenue

$($Debit$)/$Credit

Cost of goods sold.

$$975,000$

Selling expenses.

$19,500$

Unrealized Gain $($through OCI$)$ before tax

$(408,500)$

Major fire loss.

$(155,000)$

Administrative expenses.

$10,000$

Loss on disposal of a major component of the business before tax

$(80,000)$

Interest expense.

Income before tax

$(215,000)$

Net income tax liability

Net income.

$(30,000)$

$(13,000)$

$103,000$

$(20,600)$

$$82,400$

Instructions

In the format taught in class, prepare a multiple$-$step Statement of Comprehensive Income for $2022$

for Humber Corporation that is presented in accordance with IFRS $($including required format,

subtotals and appropriate terminology$).$

Additional information:

All numbers in the information presented above the Income before tax line are "BEFORE TAX"

values

Please apply a tax rate of $20\%$ where appropriate

The Loss on the Discontinued Business meets the definition of a Discontinued Component for

IFRS GAAP

You do NOT have to provide the EPS ratios in your answer.