12 Emma Plcacquired 60% of the share capital of Paulina Pleon 31 March 2015. The share capital and retained earnings of Paulina Pleas on 31 December 2015 were as follows: GHE Ordinary [issued at GHS1 per share] 400,000 Retained earnings at 1 January 2015 120,000 Net profit for 2015 60.000 580.000 The profits of Paulina Plchave accrued evenly throughout 2015. The gain on a bargain purchase arising was GH3,000. What is the cost of the investment in Paulina Plein the separate statement of financial position of Emma Plcas on 31 December 2015? A B D GH0318.000 GH324,000 GH336,000 GH342.000