=+Llewellyn Limited paid €68,000 for its interest in Roberts Limited on 1 July 20X3. The following is the draft consolidation statement of financial position of Llewellyn Limited and its subsidiary Roberts Limited at 30 June 20X4. € Assets Non-current assets Property (cost) Plant (book value) Goodwill Current assets Inventory Receivables Cash Total Assets Equity and Liabilities Equity Share Capital €1 Retained earnings Total Equity yi — — Llewellyn Limited Roberts (since acquisition) 20,000 12,000 € : 30,000 80,000 16,000 126,000 32,000 24,000 4,000 60,000 186,000 100,000 32,000 % 132,000 27. CONSOLIDATED STATEMENT OF FINANCIAL POSITION Current Liabilities Sundry Payables Total Liabilities Total Equity and Liabilities Additional Information: i; . 54,000 54,000 186,000 503 Llewellyn Limited acquired only 80% of the ordinary share capital of Roberts Limited, whereas it was assumed by the Assistant Accountant who drew up the draft consoli- dated statement of financial position that the whole of it had been acquired. Inventory shown in the statement of financial position of Roberts Limited was under- valued by €1,000 at 30 June 20X3 and by €1,600 at 30 June 20X4. . . . . Plant shown in the statement of financial position of Roberts Limited at 30 June 20X3 was overvalued by €2,000 (Rate of depreciation — 10% per annum). Inventory held by Roberts Limaited at 30 June 20X4 includes €800 transferred from Llewellyn Limited which cost the latter €600.