2. Keris acquired 640,000 of the issued share capital of Meriam on 1 April 2019. The carrying value of its assets reflected fair value except for land which fair value was RM480,000 in excess of the carrying amount. Meriam paid a dividend of RM160,000 in March 2019, 3. During the year, Keris sold plant of carrying amount RM480,000 for RM800,000 to Tombak. Plant is depreciated at 20% on cost, with a full year's provision in the year of acquisition 4. Meriam sold inventory to Keris in the post-acquisition period. Intra-group profit in the closing inventory was RM8,000. 5. On 1 July 2019, Tombak gave a 10% loan to Meriam. It gave a further RM64,000 on 30 December 2019 which has not been recognized by Meriam. Meriam has not accrued the interest on the loan. Required: Prepare the consolidated statement of financial position of Keris Group as at 31 December 2019. Show all relevant workings. (25 marks) (CLO3:PLO3:C4) 2. Keris acquired 640,000 of the issued share capital of Meriam on 1 April 2019. The carrying value of its assets reflected fair value except for land which fair value was RM480,000 in excess of the carrying amount. Meriam paid a dividend of RM160,000 in March 2019, 3. During the year, Keris sold plant of carrying amount RM480,000 for RM800,000 to Tombak. Plant is depreciated at 20% on cost, with a full year's provision in the year of acquisition 4. Meriam sold inventory to Keris in the post-acquisition period. Intra-group profit in the closing inventory was RM8,000. 5. On 1 July 2019, Tombak gave a 10% loan to Meriam. It gave a further RM64,000 on 30 December 2019 which has not been recognized by Meriam. Meriam has not accrued the interest on the loan. Required: Prepare the consolidated statement of financial position of Keris Group as at 31 December 2019. Show all relevant workings. (25 marks) (CLO3:PLO3:C4)