On 1 March 2018, YY Ltd acquired 85% of the ordinary share capital of ZZ Ltd. There are no preference shares. Both companies prepare financial statements to 31 October each year. Transactions between the two companies during the year to 31 October 2018 were as follows:

(a) On 31 January 2018, YY Ltd sold goods costing ?2,000 to ZZ Ltd for ?3,500. All of these goods had been sold by ZZ Ltd by the end of the accounting year.

(b) On 30 September 2018, YY Ltd sold goods costing ?4,000 to ZZ Ltd for ?7,000. None of these goods had been sold by ZZ Ltd by the end of the accounting year.

There was a goodwill impairment loss of ?10,000 during the period from 1 March 2018 to 31 October 2018. The statements of comprehensive income of the two companies for the year to 31 October 2018 are as follows:

All income and expenses accrued evenly through the year.

Required:?

Prepare a consolidated statement of comprehensive income for the year to 31 October ?2018.

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YY Ltd ZZ Ltd £ Sales revenue Cost of sales 150,000 60,000 84,000 27,000 Gross profit Operating expenses 90,000 25,800 57,000 18,600 38,400 7,200 Profit before tax 64,200 13,000 Тахation Profit for the year 51,200 31,200