Reference no: EM132622108
Question - Rose company, an investment entity, provided the following income and expenses for the current year:
Dividend income from investments 9,200,000
Distribution income from trusts 500,000
Interest income on deposits 700,000
Income form bank treasury bills 100,000
Unrealized gain on derivative contract as cash flow hedge 400,000
Income from dealing in securities and derivatives held for trading 600,000
Writedown of securities and derivatives held for trading 150,000
Other income 250,000
Finance cost 300,000
Administrative staff costs 3,800,000
Sundry administrative costs 1,200,000
Income tax expense 1,700,000
Required - What is the total income before tax?
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