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The following information was taken from the records of Windsor SA for the year 2022:...

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Accounting

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The following information was taken from the records of Windsor SA for the year 2022: Income tax applicable to income from continuing operations R$112,000; income tax applicable to loss on discontinued operations R$23,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$14,100 R$90.000 R$141.000 Gain on sale of plant assets Loss on discontinued operations 70,500 564,000 Cash dividends declared Retained earnings January 1, 2022 Cost of goods sold Selling expenses 227,000 Administrative expenses 799,000 39,000 Rent revenue 282.000 56,400 Sales revenue 1,598,000 Loss on impairment of land Ordinary shares outstanding during 2022 were 100,000 Prepare a retained earnings statement for 2022. (List items that increase retained earnings first.) WINDSOR SA Retained Earnings Statement R$

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