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Information for $2023$ follows for Whispering Winds Corp:

Retained earnings, January $1,2023$

Sales reverue

Cost of goods sold

Interest income

Selling and administrative expenses

Unrealized gain on FV$-$OCl equity irvestments $($gairs$/$losses not recycled$)$

Loss on impairment of goodwill

Income tax on contiruing operations for $2023($assume this is correct$)$

Assessment for additional income tax for $2021($normal$,$ recurring and not caused by an error$)$

Gain on disposal of FV$-$NI irvestments

Loss from flood damage

Loss on disposal of discontinued division $($net of tax of $$63,500)$

Loss from operation of discontinued division $($net of tax of $$38,750)$

Dividends declared on common shares

Dividerds declared on preferred shares

Whispering Winds 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 Dylare Corp. During $2023,$ there were $500,000$ common shares outstanding all

year. Whispering Winds's tax rate is $20\%$ on operating income and all gains and losses $($use this rate where the tax provisions are not

given$).$ Whispering Winds prepares financial statements in accordance with IFRS.

Prepare a multiple$-$step statement of financial performance for the year ended December $31,2023,$ showing expenses by function.

Include calculation of EPS. $($List other revenues and goins before other expenses and losses. Round EPS onswers to $2$ decimal ploces, e$.$g

$52\mathrm{.}75.)$

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