12.2 From the information given you are required to prepare the consolidated statement of financial position as at 31 December 4. The following are the statements of financial position of Haze and Daze as at 31 December x4. Ordinary share capital Retained profit at 1 January x4 Profit for the year Haze RM'000 900 150 250 1,300 Daze RM'000 500 100 200 800 600 Non-current assets Investment in ordinary shares of Daze Inventories Sundry net current assets 520 400 80 300 1,300 100 100 800 456 Chapter 12 a. Additional information: Haze purchased 280,000 of the 400,000 issued ordinary shares of Daze on 1 April x4. b. At the end of year x4, Daze sold inventories costing RM50,000 for RM70,000 to Haze. Haze has sold one-half of these inventories. Daze also sold a piece of land to Haze of carrying value RM100,000 for RM120,000 in the post-acquisition period. d. Profits accrue evenly throughout the year. C