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Problem 2

The following were taken from the records of Junathan Corporation:

Gain on sale of equipment P 150,000 Sales revenue 2,800,000 Cost of goods sold 1,250,000 Purchase discount lost 50,000 Sales discount forfeited 15,000 Interest expense 120,000 Amortization of premium 30,000 Amortization of patent 70,000 Income tax expense 150,000 Increase in deferred tax asset 45,000 Loss on sale of patent 25,000 Freight-out 12,000 Rental of head office 78,000 Depreciation of delivery trucks 192,000 Utilities used in the head office 42,000 Salaries of the admin staff 58,000 Depreciation of PPE - Head office 145,000 Increase in fair value of financial assets held for trading 75,000 Decrease in fair value of derivatives designated at fair value hedge 68,000 Increase in fair value of investment property measured at fair value 34,000 Decrease in revalued amount of PPE 180,000 Decrease in the measurement of the defined benefit obligation 27,000 Actual interest is less than interest income of the defined benefit asset 5,000

How much is operating income of the entity?

Total finance costs amounted to?

The selling costs of the company amounted to?

The other comprehensive income that will be subsequently recycled to profit or loss amounted to?

The total comprehensive income for the year is?

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